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The university increased its targets to public equity and private real assets to reduce portfolio complexity and take advantage of higher interest rates.
New managing director and head of investments joins from a nearby endowment and bolsters firm’s investment research, analysis and due diligence capabilities.
The firm today announced several recent organizational and leadership changes.
The bill will help ensure colleges and universities are providing opportunities to women and minority asset managers by mandating transparency and standardizing data collection.
The fund will hold a first reading of proposed changes to its investment policy statement and strategic asset allocation, including increased allocations to fixed-income and hedge funds, at its June 29 board meeting.
The plan committed to new funds by exiting managers at a meeting last week.
The executive chair of the outsourced cio recently died after joining the mid-Atlantic based firm in the role in the third quarter.
New co-ceos will succeed the firm’s first ceo at the start of 2024.
The oversubscribed fund closed with approximately $600 million.
The plan will consider two funds from existing managers.