The plan hired a new general investment consultant in the second quarter after conducting a search for the services last year due to the contract expiration of the incumbent provider, which submitted a proposal.
The associate director will contribute to investment decisions across the portfolio, with a focus on private asset classes, including buyout, growth equity, venture capital real estate and natural resources.
The system expects to receive a recommendation from its general investment consultant to reinvest funds at a future board meeting after approving the termination of a hedge fund manager last week.
The university is conducting a review of its asset allocations alongside its general investment consultant as it typically conducts a study every three years.
The firm has filled its ceo role through an internal succession plan following the retirement of its president and ceo at the end of August after 13 years in the role.
The university hired a director of investment services to provide analytical and technical support for its investment division from a mid-Atlantic public pension system.
The managing director of public investments at a Northeastern foundation recently left the position to join a nearby family investment office as a managing director.