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The principal of investments joined in March after seven years at a nearby nonprofit, where they helped grow the institution’s assets to more than $1 billion from $250 million.
The foundation is searching for a cfo to oversee its finances and help manage its investments as the finance head hired following a search from 2020 is no longer with the institution.
The endowment added growth equity, buyout and natural resources commitments in March.
The university will begin divesting its endowment from fossil fuels immediately as it also explores options for clean energy investments.
The foundation has promoted a senior staff member to take over as its next ceo this summer as its current head is set to retire after 20 years in the role.
The university has named a former Alibaba and Target executive as chair of its board of trustees.
The firm has agreed to acquire an investment consulting and advisory firm that works primarily with ultra-high-net-worth individuals and families with a focus on the technology space.
The university approved fully liquidating a hedge fund manager and committing to a private equity strategy within its endowment in the first quarter.
The global asset manager has agreed to acquire a CLO team and platform based in Europe.
He will be responsible for developing MSCI’s research across its product lines and client segments.