The board voted to divest from companies owned or controlled by the Chinese Communist Party on Sept. 24 and expects the action to be completed by early 2026.
The university is seeking a director of investments to oversee its portfolio, explore prospective investment opportunities and maintain relationships with and conduct due diligence of existing managers.
The firm has hired a senior portfolio manager to guide clients through challenging markets and identify investment strategies and allocations to meet their needs.
The position will handle the recording of all investment transactions, along with monthly reconciliation reports and monthly and quarterly valuations that support performance reporting.
The consultant will oversee the university’s operating funds portfolio, including ongoing review and reporting of existing manager performance, assistance with the search and selection of new managers and cash flow analysis.
The investment advisor will guide management of the fund, provide ongoing monitoring of existing investments and assist with the reviewing its investment policy.