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The fund will see its deputy cio retire at the end of the year after more than 27 years of service and add a cio from a nearby fund to its investment team.
The college has issued an RFP seeking an investment advisor to manage its foundation’s portfolio after conducting a similar search in 2013.
The foundation invested in a fixed-income impact fund that will directly invest in housing in the state.
The new cio will oversee the firm’s fixed-income, equities, multi-asset solutions and alternative strategies, while retaining his current fixed-income portfolio management responsibilities.
The firm established new offices in Italy, Sweden and Switzerland earlier this year to better service clients locally.
The health system hired a new cfo to begin next month after its previous finance head left this summer to join a Midwestern medical center.
The ceo will retain previous responsibilities for the Illinois and Wisconsin markets until a successor is found.
The nine-member team will provide portfolio management, retirement planning, investment consulting and other wealth management services to nonprofits and private family foundations.
The plan approved transitioning to a new program manager in the third quarter as its previous provider was acquired earlier this year.
The university’s board of trustees voted to dissociate from 90 companies that are active in the thermal coal or tar sands segments of the fossil fuel industry in early September as part of its goal to achieve net-zero greenhouse gas emissions in its endowment.