The foundation is aiming to allocate at least 5% of its portfolio to emerging managers, while also looking to add climate-solution investments as it looks achieve a net-zero endowment by 2030.
The college has hired a cfo to oversee its financial operations and strategies as its v.p. of financial services and treasurer is set to retire after 30 year of service at the institution.
The institution approved a commitment from its endowment to a lower middle market buyout strategy with a new manager at the recommendation of its general investment consultant.