The university approved private equity and real assets commitments within its endowment fund at its November investment committee meeting.
The university has named a retired partner at Goldman Sachs as the new chair of its board of trustees.
The plans selected a firm to provide investment consulting services for its college savings trust fund and prepaid trust fund after issuing an RFP in the second quarter.
The foundation switched to a large-cap core equity strategy with its existing manager from the firm’s dividend growth oriented strategy in an effort to create a more stable and diversified portfolio.
The hire concludes a search for the role launched in the second quarter.
The foundation revised its target asset allocation in favor of equities at its September investment committee meeting.
The foundation’s previous finance head retired after four years in the role.
The university’s previous investment head retired at the end of the second quarter after nearly nine years of service.
The university revised the asset allocation of the policy portfolio for its endowment in fiscal year 2024, increased its weight to public equity at the expense of private partnerships.
The college will conduct a search for its next v.p. for administration and finance and cfo as its current finance head is slated to retire after the fall semester.