The college hired a new v.p. for business and finance and cfo to oversee its finances and help manage its endowment after its previous finance head retired in May.
The college is seeking a firm to advise and assist in the development of short-term and long-range financing plans as well as advise on investment of funds.
The institute has issued an RFP seeking an investment advisor to manage fund managers, recommend allocation changes and provide objective, external reporting on performance after canceling a search in 2021.
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.