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The foundation hired a new discretionary investment consultant following an invitation-only search process from earlier in the year.
The asset manager has hired a head of technology and operations as it promoted its previous head to cio of retirement, marketing and digital client technology.
The firm has entered into a “leaders strategy” partnership to form a platform that aims to acquire companies and assets in the technology-enabled pharmaceutical solutions industry.
The system approved the commitment with an existing manager to continue to diversify the portfolio and realign to its asset allocation targets.
The foundation is considering a maiden alternatives allocation within its portfolio and weighing the addition of hedge fund, infrastructure and private debt investments to fund the allocation.
The university is seeking a firm to handle joint investment of bond proceeds services on behalf of itself, and two other universities in the state.
Geeta Kapadia recently took the time to share her views on the strength of the U.S. dollar, inflation, interest rate movements and the pace of private fund re-ups with Nancy Vailakis, a contributor to Emerging Manager Monthly, the sister publication on Nonprofit News.
The university system has issued an RFP seeking firms to provide lead record keeper, investment, administrative and participant services for its multi-billion retirement plans.
The firm closed its third fund above its $550 million initial target with the support of existing investors and a substantial personal commitment from its team.
CIO Krishna Memani leads the management of Easton, Pa.-based Lafayette College’s approximately $1 billion endowment and New York-based investment office. Memani took the time to answer 5 questions with FIN News.