The university hired a new firm to provide investment management services for its financial assets as well as those of its foundation following a search from last year.
The fund approved conducting a search for a U.S. small-cap value equity manager and an international growth equity manager to replace two existing firms within its portfolio due to a decline in strategy assets.
The university approved adding new private equity managers as well as re-upping a commitment with an existing venture capital manager within its endowment.
The principal of strategic investments will evaluate prospective venture investments or partnerships with emerging technology firms, provide investment analysis and help with structuring deals.
The firm is launching a venture capital fund that will invest in early-stage companies using climate technology and artificial intelligence to improve real assets.
The plan has hired a wealth management firm as its new investment manager and the firm has entered a strategic collaboration to modernize the college savings plan.
The foundation is searching for an investment analyst to serve as a generalist, assisting with analyzing performance and exposures as well as supporting the sourcing, screening and analyzing of prospective managers.