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The medical center hired its first managing director for private investments following a search from the first quarter as its inaugural cio is building out an inhouse investment team.
The manager, which aims to develop and deliver investment solutions to accelerate the transition to net-zero, has hired a new ceo as its previous head has stepped down to serve as a senior adviser.
The firm hired a new fund manager to join its emerging markets and Asia team and help run its China-based strategy and two regional funds.
The system approved a private equity commitment to an existing manager focused on enterprise software and information technology within its endowment last month.
The university approved adding a currency overlay manager and a venture capital strategy to its long-term portfolio last week.
The institution approved venture capital commitments to a firm that marks a new relationship and terminated a hedge fund manager for liquidity purposes and being overweight its targets to the strategies.
The university added a U.S. Treasury strategy after its investment consultant conducted a search to fill a maiden 5% target approved in the first quarter.
The fund will conduct searches for a U.S. large-cap growth equity manager and a global equity manager with a tilt toward either core or value stocks after approving a new asset allocation at its May board meeting.
The commitment is part of a private equity buildout.
The $27 million in assets will be used for liquidity purposes.