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The foundation is searching for two investment team members to help oversee its $2.5 billion in assets, including its $1.5 billion endowment.
The investment advisor will guide management of the fund, provide ongoing monitoring of existing investments and assist with the reviewing its investment policy.
The university revised the asset allocation for its long-term investment pool, increasing its allocation to domestic and private equity, as part of a new investment policy statement approved at its September board meeting.
The hire concludes a search launched after the Jan. 3 departure of CFOO Ryan Skor.
The foundation’s previous investment head left earlier this year for the same role at a Midwestern foundation.
The pension plan will no longer have investments in Chinese-owned or controlled companies as of early next year.
The fund opted to replace its mid-cap growth investment due to underperformance.
The trust is seeking fixed-income investment advisory services for the management of its restricted and reserve funds.
Victory Park Capital is an affiliate of Janus Henderson Group, which will remain majority owner of the alternative investment firm.
The fund anticipates awarding five contracts in the search.