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The foundation is seeking an investment manager for private markets to help source and evaluate investment strategies across buyout, growth, venture capital, special situations, real estate and infrastructure.
The plan moved to an ACWI ex-U.S. manager from an EAFE manager at its board meeting this month.
The firm is currently reworking its Japanese stocks within its international small-cap strategy.
The pacing plan calls for a total of $58 million to private debt and private equity over the next two years.
The city is looking for a firm to assist with investing funds.
He will focus on furthering the firm’s institutional business development objectives in North America.
The plan made a hire this week following finalist interviews held over the last two months.
The foundation opted to retain its incumbent investment advisor over three other finalists in a search from the third quarter.
The firm has hired a partner to support its sustainable growth equity team, which focuses on late-stage venture and growth equity investments in companies that have positive economic and climate outcomes.
The firm closed its sixth private equity fund, which will target technology, business services, medical and industrial sectors, above its target.