A college in the mid-Atlantic region has issued an RFP seeking an investment consultant to provide investment advisory and management services in a nondiscretionary capacity for a short duration portfolio.
Three new investments were added to the foundation’s endowment as part of its gender and racial equity lens initiative to invest 25% of its portfolio with firms majority-owned by women and/or people of color.
Recommendation to increase fund’s private equity target allocation will follow a review of its asset allocation later this year after receiving a review of its private equity portfolio in the first quarter.
Fund is reviewing a request to consider a potential hedging program for its exposure to oil made at its board meeting last week due to the commodity’s volatility.
Two finance division members were promoted to cfo and v.p. for finance and controller after they served as co-interim v.p.s for finance over the last seven months.