The new associate director of investments joins from a mid-Atlantic outsourced cio, where he was responsible for asset allocation and portfolio management.
The associate will help in all facets of portfolio oversight as the foundation is looking to add capacity to help maximize its endowment and program-related investments and manage a complex, larger, more mission-aligned portfolio.
The institution increased its allocation to venture capital and domestic equity allocations last week through target reductions to diversifying investments, international developed equity and emerging markets equity.