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The foundation is proposing shifting its $642 million consolidated endowment fund toward private equity, domestic public equity and short-duration fixed-income.
The institution hired a director of investments to assist in the oversight and management of its $1.1 billion portfolio after launching a search in the second quarter.
The foundation is looking to allocate a portion its investment portfolio to impact investments and has named a team member to spearhead the effort.
The health system has hired a cio from a nearby university to direct its investment strategy.
The executive director is the subject of a personnel-related investigation that is currently being conducted by an outside third party.
The pension plan approved commitments totaling $95 million with three existing manager relationships last week.
The pension plan made a $15 million credit commitment earlier this month.
The firm added a partner as it is growing and deploying capital in the healthcare services sector.
The search is for a manager to handle $50 million with funding coming from the reduction or elimination of its current large-cap value manager.
The city is seeking consulting services for its four retirement plans.