The plan increased its total private markets target as the portfolio is currently overweight to private equity and private real assets and recently placed an MSCI EAFE Index fund manager on watch due to underperformance.
The new global investor relations head assumed the role on an interim basis last month.
The plan disclosed two recent commitments totaling $900 million and named a replacement for CFO Barry Faison, who will officially retire on Dec. 31.
He will also retain existing responsibilities as CEO of the firm’s Americas business.
He will be responsible for evaluating, analyzing and monitoring the firm’s investments.
The foundation hired a portfolio manager from a nearby hospital to help manage its portfolio with a focus on private investments.
The new managing director will head its Singapore office, lead business development and manage client relationships across Southeast Asia.
The university is searching for a senior investment analyst and an investment analyst to assist in the oversight and management of its endowment.
The new hires will focus on business development for institutional and high-net-worth funds.
The ceo will stay on through April as an advisor to ensure a smooth transition.
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