Plan is seeking one to three global ex-U.S. equity managers and agreed to restructure its opportunistic and alternative fixed-income portfolios this month.
The firm hired a senior v.p. and consultant advisor for U.S. institutional services to work with relationship management teams and serve as a liaison with clients and consultants with a focus on the firm’s alternative investment capabilities.
The university is planning to conduct a strategic asset allocation study later this year after it terminated a global bond mandate and reallocated the funds to short-term bond and growth equity funds this month.
The foundation hired a new finance head to oversee investment management, finances and accounting after its v.p. of finance left earlier this year for another opportunity.