The foundation named the managing director of a nearby investment office as its next cio to complete a search initiated last year as the previous investment head left to join a family office firm.
The system hired a deputy cio in December and recently promoted the hire to cio as its previous investment head left after more than a decade in the role.
The investment analyst will help manage the institution’s allocations and assist with sourcing, underwriting and monitoring investments as part of the private investments team.
The fund will consider approving a recommendation from its investment consultant to allow an existing investment manager discretion to toggle between two different classes of stock.
The trust rehired its investment advisor at a board meeting this month after issuing an RFP in the third quarter due to the firm’s impending contract expiration.
The treasury has selected a fund manager to oversee the day-to-day operations and manage its social impact investment fund after issuing an RFP in the second quarter of 2024.