Gould helps oversee the Seattle-based foundation’s finances and approximately $825 million investment portfolio, abiding by an investment policy that incorporates a racial equity lens and encourages the organization to add more diverse-owned managers.
The new partnership will see the firm work independently alongside Pinegrove Capital Partners with backing from Brookfield Asset Management and Sequoia Heritage.
Obstacles to cutting interest rates remain as inflation appears to be flattening out rather than continuing to drop toward the Federal Reserve’s 2% target.
The university is seeking an executive director to manage record keeping, documentation and other duties related to its endowment and restricted funds portfolio.
The health system recently hired a new cio and added three new members to its investment team in March and April, all of which previously worked alongside the investment head at a university endowment.
The firm has launched its flagship private equity decarbonization program for investors that aspire to reduce the carbon footprint of their portfolio and contribute toward achieving net-zero targets.