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The retirement fund’s trustees asked for more information before hiring one firm as the primary consultant and a second for carve-out services following finalist interviews at today’s investment committee meeting.
The plan also made a private credit commitment at today’s board meeting.
Ryan Madani has joined Cliffwater as managing director on its real assets platform.
The agency will be responsible for managing portfolios totaling more than $2.7 billion.
The new hire joined the firm from Tikehau Capital.
The deferred compensation plan received five proposals in response to an RFP issued in March.
The multi-family office and wealth manager is acquiring an RIA with more than $21 billion in assets on behalf of individual, family and institutional clients.
The university named its finance head as its interim president last month as its president retired on June 30 after 17 years of service in the role.
The fund is seeking financial service firms with bookkeeping, accounting, strategic financial advisory and accounting experience as it looks for the firm to provide strategic input on investment decisions, capital deployment timing and organizational growth projections.
A survey found fewer community foundations are hiring or considering hiring diverse-owned managers, among other findings.