Daily Feed
The foundation will conduct a search for its next president as its current head will leave at the end of the year to pursue a new opportunity.
The retirement plan has named a new ceo to oversee its investment pool following the retirement of its previous head.
The Denver-based wealth management firm has acquired another advisory firm based in San Diego and a wealth manager based in Texas.
The Northeast-based firm completed the final closing of its first real estate hospitality fund with more than $275 million in equity commitments.
The university has increased its targets to private equity and real assets at the expense of global equity and marketable alternatives to improve its portfolio’s return and risk profile.
The university has elected four new members to its board of trustees, including one investment professional, and named a new board chair effective July 1.
The university added seven new members to its board of trustees, including one former investment professional and an operating advisor for a private equity firm.
The firm has acquired a Maine-based investment advisor, which works with individuals, family offices and institutional investors, as part of its continued expansion in the state.
The fund expects to receive recommendation from staff and its general investment consultant to hire extended equity 130/30 and multi-strategy hedge fund managers after approving a new asset allocation at its July board meeting.
The foundation expects to conduct a search for an investment advisor for its endowment later this year or early next year as its current advisor has struggled to recommend women- and minority-owned or led investment managers.