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The university will consider adding long/short credit and venture capital commitments with new investment managers at its board meeting this week.
CIO Karl Scheer oversees the University of Cincinnati’s investment team managing the institution’s approximately $2 billion in combined endowment and other investment assets. Scheer took the time to answer 5 questions with FIN News.
The foundation has elected two new members to its board of trustee with venture capital experience.
The treasurer’s office hired a firm to handle the inaugural investment within its infrastructure impact investment program after hiring an investment advisor to oversee the program earlier this year.
A former Blackstone director has joined the firm and is focused on portfolio management.
The acquisition adds $210 million in assets across nonprofit endowment and other clients to the firm, while expanding its presence in Northeast Wisconsin.
The firm has launched three actively managed, equity mutual funds focused on generating competitive investment returns through responsible investing.
The town made an award in its search for an investment manager to oversee an educational fund after issuing an RFP in the fourth quarter due to the impending contract expiration of the incumbent provider.
He leads the middle market private equity firm’s business development team.
The hire concludes the pension plan’s search for a core-plus fixed-income manager to handle between $130 million and $150 million.