The plan will consider replacing a domestic large-cap equity fund on watch status and approving a new asset allocation for its portfolio at its December board meeting.
The managing director recently left their role to join the family office of a prominent investor as its investment head.
The trust recently extended the contract of its incumbent investment advisor for four months as it looks to wrap up its search for the services in early 2026.
The firm has appointed a new regional v.p. for the Eastern territory to expand partnerships with registered investment advisors, financial advisors, family offices and institutions.
The foundation recently promoted its senior v.p. of finance to cfo to oversee its financial functions and systems, including its investments, after its cfo left for the same role at a Southwestern community foundation.
The community foundation recently hired a new cfo to oversee the work of its finance and investment, technology and fund-operations teams.
The search comes as the university is building a new portfolio reporting and analytics function within its operations team to enhance transparency, efficiency and strategic insight.
Data from the annual Higher Education Price Index® (HEPI) show that inflation for U.S. colleges and universities rose 3.6 percent in fiscal year 2025, surpassing the 3.4 percent inflation reported in fiscal year 2024.
The fund is working with its general investment consultant as well as ratings agencies to underwrite the final strategic move in its asset allocation as it continues to seek and develop strategic partnerships with best-in-class asset managers.
The university approved forming a new for-profit company in partnership with a private equity firm to help support its athletics department.