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The institution has received a $100 million donation for endowed scholarships and campus improvements.
The fund will primarily invest in privately originated, floating rate, senior secured loans.
The foundation is searching for a senior v.p. to oversee its investment management and impact investing as its finance head left at the end of the year to pursue a new opportunity.
The plan trimmed its fixed-income manager roster to two from three following a strategic review.
The plan is preparing searches for international and U.S. small-cap equity managers for this year.
The sustainable investment platform made a strategic minority investment in a minority and woman-owned middle market private equity firm and the investment will provide growth capital to enhance the firm’s infrastructure, capital base, human capital and overall resources.
The firm has hired a former employee to the newly created role of head of product strategy to enhance and further scale the firm’s products and solutions across its business lines.
The plan is searching for a firm to provide record keeping, administration, communication, education, custodial trustee and investment services.
The firm recently hired a new coo to oversee its finance, operations, information technology, legal, compliance and human resources after its operations head retired after six years in the role.
The foundation has selected a new president and ceo to lead its operations following a national search due to its previous head’s retirement in the fourth quarter.