The system hired a new treasurer and cio to oversee its cash, debt and investments in the second quarter with the individual beginning in the role in late July.
The foundation has issued an RFP for an investment manager to oversee its portfolio as part of a due diligence review of the marketplace and its incumbent is allowed to rebid.
The plan replaced both its passive equity and fixed-income mandates with Vanguard Group as well as its sustainable equity mandate with Neuberger Berman in May.