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The plan launched a search last year due to the incumbent’s contract expiration.
The plan approved two commitments previously approved by its investment committee last month.
The institution rehired its discretionary investment advisor over two other finalists following the issuance of an RFP in the first quarter of 2023.
The fund approved a strategic new asset allocation that included a maiden target to private credit and increases to its allocations to private equity, bank loans, natural resources, infrastructure and cash at its board meeting last week.
The new deputy cio will oversee the endowment’s strategic partnerships and absolute return portfolios.
The foundation added two new members to its board of trustees, including one with investment experience, in the fourth quarter.
The college is searching for a v.p. for finance to oversee its finances and investments after its previous finance head left last month to pursue a new opportunity.
The commitments include one to a first-time manager.
The endowment is searching for an investment analyst to provide analytical support for prospective investments, including assisting with manager meetings and conducting due diligence.
The trust has hired a director of investments after a director left last year to join a financial services firm.