The university will consider committing $10 million across three underlying funds with a venture capital manager and fully terminating its investment with a hedge fund manager for diversification purposes.
The foundation has hired a new cfo to oversee its finances and endowment portfolio following a search from earlier this year as its finance head left to pursue other opportunities.
The college is searching for a v.p. of finance and operations after its previous finance head left in late 2022 to join a nearby community foundation in the same role.