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The institution will consider a venture capital commitment to a recently launched investment manager at its board meeting this week.
The foundation made an investment in an initiative that aims to increase capital access for Black/African-American, Latinx, Native American and other people of color-led businesses, nonprofit organizations, financial intermediaries and venture funds.
The cfo will be leaving the mid-Atlantic-based university in March to join another mid-Atlantic-based institution as its next cfo.
The firm has hired a co-cio to help lead its investment activities, including investment research, manager sourcing, portfolio construction and risk management
The university is seeking an investment manager for its $76.4 million operating funds portfolio after retaining its incumbent manager following a similar search in 2019.
The university is searching for a v.p. for finance and coo to manage its finances and investments.
The plan approved a private equity commitment with a new manager at a meeting today.
The plan last conducted a similar search in 2020.
The firm has added a managing director for its Enhanced Lending Fund.
The plan agreed to move forward on due diligence with four firms in its general investment consulting services search.