The fund is looking to add buyout, growth, venture capital and GP-led secondaries strategies to its endowment.
The Southern-based private equity firm has hired a managing director for its lower middle market strategy, which was launched last year.
The institution is searching for a v.p. of investments to participate in all aspects of its research process, collaborate on investment manager due diligence, analyze asset classes or strategic investment opportunities and monitor current investments.
Abrdn, the UK-listed fund management group, is working with the University of Edinburgh to develop a generative AI tool with a “statistical brain” to work alongside its investment research team.
The foundation rehired its incumbent investment advisor over three other finalists after reviewing 21 proposals to an RFP issued last year for standard due diligence purposes.
The university elected seven new members to its board of trustees, including four with investment experience, to oversee its endowment, approve its operating budget and set policies.
The fund has issued an RFP seeking an advisor to develop a diversified investment portfolio and perform due diligence on all investment managers on a regular basis.
The investment consultant saw an increase to both client assets with diverse firms as well as client strategies managed by diverse firms in 2023, according to its latest report.
The foundation will soon conduct a search for a president to oversee its operations and assets as its former head retired last month after nearly 24 years of service.
The firm has hired the former ceo of a government agency overseeing pensions as a senior advisor to help its team with relationships, resources and industry knowledge.