The multi-family office and wealth manager is acquiring an RIA with more than $21 billion in assets on behalf of individual, family and institutional clients.
The university named its finance head as its interim president last month as its president retired on June 30 after 17 years of service in the role.
The foundation appointed a new cfo and treasurer to help oversee its finances and approximately $2.6 billion in assets after its previous finance head left to join a nearby real estate development, management and investment firm in the same position.
The investment analyst will work with senior management to research and evaluate investment opportunities.
The organization revised the asset allocation for its Balanced Pooled Fund in the fourth quarter, removing its diversifying strategies allocations to increase real estate and real assets.
The firm recently held the final close for its fifth private equity fund in an oversubscribed fundraise.
The authority has issued an RFQ seeking firms that provide investment accounting, investment performance and analytics and investment policy compliance software for its two portfolios totaling roughly $24 billion.
The university has reissued an RFP seeking a firm to provide investment management services as well as review its investment policy and asset allocation after launching a search in the first quarter.
The foundation is searching for an investment operations manager to oversee the operational, reporting, treasury and administrative functions that support its endowment.
The foundation will promote two of its managing directors to the roles of cio and deputy cio as its investment head is leaving to pursue a new opportunity in their hometown of Pittsburgh.