The firm, which is affiliated with a life insurance company, has hired a new associate of capital markets and sourcing alternatives from a college that outsourced the management of its endowment in September.
The university has promoted its deputy cfo as its new v.p. for finance and administration and cfo after its previous finance head left for a new position in December.
The university is barring investment decisions that are based primarily on environmental or social factors in light of a new state law, while its outsourced cio looks to increase private real estate allocations.
The university is searching for a firm to provide services for a portfolio that seeks to allocate to investments with a maximum maturity of 5.5 years and a maximum aggregate duration of no more than three years.