The college has appointed four new members to its board of trustees, including two investors, to support its strategic plan and initiatives.
The university hired a private equity firm as its discretionary advisor last year, outsourcing the management of its endowment.
The fund will consider hedge fund and infrastructure commitments to help reach its target asset allocation at its May 31 board meeting.
The foundation is searching for an investment portfolio manager to perform due diligence, research and analysis of potential investment opportunities as well as develop and implement investment strategies.
The university has wrapped up its search for a cio to oversee and manage its endowment by hiring the senior portfolio manager of a nearby foundation.
Peter Madsen, who has served as director and cio of the Utah School & Institutional Trust Funds Office for almost nine years – helping oversee and manage its approximately $3 billion permanent school fund, took the time to answer five questions, plus a few extra, with FIN|News.
Andrew Golden steps down from Princo after building a $34.1 billion endowment. How should that money be invested and spent going forward?
The school will consider divesting its approximately $465 million endowment from companies and industries identified by its Advisory Committee on Investor Responsibility that are implicated in military and police violence in Gaza and the West Bank in the coming weeks.
The healthcare technology and tech-enabled services focused firm closed its latest fund with nearly $500 million in commitments.
The firm has appointed a managing director, head of capital raising and client solutions to drive capital formation and investor engagement.