The fund will further discuss a potential oil hedging program at a future meeting after receiving an education on the intricacies of oil hedging from an investment manager at this week’s board meeting.
The college is searching for a director of investments as its current director is set to leave this month to join a Midwestern foundation with a focus on private investments.
The university selected a new investment to handle its pension plan last week following the issuance of an RFP in the first quarter for standard due diligence purposes.
The university has extended its deadline for proposals in its search for a retirement consultant to provide fiduciary governance for its retirement plans to early August from late July.
The foundation hired a new v.p. for finance to help oversee its endowment in the second quarter after its finance head left at the end of 2021 to pursue a new opportunity on the East coast.
The plan initiated a search for a private equity emerging manager to fill a commitment capped at $10 million and completed a core real estate search this week.