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The firm will now be based in a Southern state after originally operating out of Boston.
The San Francisco-based firm hired two managing directors and wealth managers to provide portfolio management, retirement planning and investment consulting services to nonprofits.
KKR has formed a strategic alliance with Loop Capital to bolster its capacity to serve as a full-service underwriter for initial public offerings.
The foundation has added a venture capital firm targeting minority tech entrepreneurs to its portfolio as it looks to boost its impact investment portfolio.
The firm named a market president based in Palm Beach, Fla. to oversee investment management, banking, lending, wealth planning and fiduciary services in the Palm Beach area.
The university will consider investing in an international equity strategy that excludes fossil fuel companies and receive an education on private equity centered on the potential establishment of a maiden 10% target to the asset class.
The plan received an education into private credit at its board meeting yesterday and will have further discussions in the fall.
The plan will look to add an open-end fund this year before building out the portfolio with closed-end funds.
The plan has once again reissued its RFP for private markets investment consulting services due to the contract expiration of its incumbent.
The plan made commitments to three existing managers and investments with three developed markets equity managers.