The plan confirmed it is “not moving forward” with its up to $130 million commitment to Insight Partners Fund XIII and related investment vehicles that was approved at a June 9 board meeting.
The foundation has launched a search for its next president and ceo as its head is set to retire in late 2023 or early 2024 after more than a decade of service.
The board retained its incumbent investment consultant for its 403(b) retirement plans over one other finalist following a closed RFP process from 2022 for standard due diligence purposes.
The university is seeking a director of investment operations to manage its operations processes, including reporting and analysis, cash management and transactions, investment accounting and operational due diligence on investment managers.
The firm has named a new head of national sales to lead its sales and business development team after its previous head shifted to the newly created role of president of the Central division.