The terminations include three underperforming managers.
The former cfo held the position since February 2025.
Crescent Cove Fund IV was oversubscribed and with support from a diverse base of institutional investors.
The fund will consider committing $50 million to an existing private equity manager within its portfolio as staff recommended adding a strategy with General Partner stakes.
The foundation hired an executive senior investment advisor to lead its endowment management program.
Four outsourced cio providers were interviewed for the mandate.
The plan also added a pair of commitments to a new private equity manager relationship.
The city will interview a pair of finalists to provide investment management and advisory services.
The plan terminated two managers as part of a non-U.S. equity structure study.
Peter Ogilvie has been with Ares Management since 2007.