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The university has appointed a new cfo and coo to oversee its budget and planning department and human resources and financial operations departments as well as its operations, facilities and information technology departments, respectively.
The university added two new members to its board of trustees, including the managing partner of a venture capital firm.
The foundation recently added the founder and ceo of an investment manager and the top academic officer of a state university to its board of trustees.
The pension plan’s hedge fund committee considered four commitments and a manager termination at its meeting this month.
The plan received information on a total of 15 managers at its meeting today.
The upcoming retirement was disclosed at a pension board meeting today.
The fund closed at its hard cap of $600 million in under four months.
The strategic partnership will see both firms and their funds managed independently.
The pension plan recently committed $280 million total to credit and real estate funds.
The oversubscribed fund closes with approximately $940 million in commitments.