The foundation appointed a new cfo and treasurer to help oversee its finances and approximately $2.6 billion in assets after its previous finance head left to join a nearby real estate development, management and investment firm in the same position.
The religious group is searching for a director to manage its fund targeting investments with social and environmental impacts as its current mission-aligned investment pool head is set to retire after more than decade of service.
The organization revised the asset allocation for its Balanced Pooled Fund in the fourth quarter, removing its diversifying strategies allocations to increase real estate and real assets.
The state treasurer’s office retained its incumbent sustainability-focused investment consultant following a search from earlier this year as the incumbent had reached its statutory 10-year maximum term.
The foundation is looking to hire a new president and ceo as its current head is leaving to join a mid-Atlantic community development financial institution as president and ceo.
The authority has issued an RFQ seeking firms that provide investment accounting, investment performance and analytics and investment policy compliance software for its two portfolios totaling roughly $24 billion.