The plan has hired a firm to identify and advise on best practices and trends in the prepaid college plan and ABLE landscape to help in setting the direction for its two programs.
The university is searching for an investment tax director to manage its regulatory risk and plan filings for various domestic and international jurisdictions as well as help guide tax and investment structuring decisions.
The firm has sold its stake in a private equity manager, which has seen its assets under management quadruple to approximately $20 billion over the last seven years.
The foundation increased its large cap growth equity fund’s allocation to an incumbent manager that utilizes a research-based investment process in quality growth companies.
The foundation promoted a staff member to serve as its new v.p. of operations and treasurer as the previous operations and finance head retired after 25 years with the organization.
The foundation is seeking a director of marketable investments to focus on providing portfolio management support and coverage across public equity, hedge funds, portable alpha, fixed-income and cash.