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The fund approved transferring the assets of its three portfolios effective Jan. 1 alongside its first investment policy for the combined pool of assets at its November board meeting.
The university has promoted a senior portfolio manager to managing director following a search for the position after its previous managing director retired.
The university system is considering adding a fossil fuel-free passive index strategy to align with its recent mandate to divest its portfolios of direct and indirect investments in fossil fuels.
The firm has appointed a chief responsibility officer effective Jan. 9 to oversee its corporate responsibility and responsible investing efforts.
The foundation promoted a managing director to the role of cio after its investment head left to join an East Coast health system.
The health system was slated to review a new investment policy statement with a revised target asset allocation at its Nov. 30 meeting, however, the meeting was postponed due to a lack of quorum.
The public school fund selected its incumbent passive equity manager to handle approximately $343 million in October following a search from this summer due to the firm’s contract expiration.
The firm has signed an agreement to purchase a registered investment advisor, which will increase the assets it oversees to approximately $17 billion and expand its West Coast presence.
The firm has selected four senior executives to serve as its Southwest Florida Wealth Leadership team as it looks to expand its reach and maximize its resources in the region.
The firm has named a new global head of responsible investment on the heels of new additions to its responsible investment team.