The foundation switched to a large-cap core equity strategy with its existing manager from the firm’s dividend growth oriented strategy in an effort to create a more stable and diversified portfolio.
The hire concludes a search for the role launched in the second quarter.
The foundation revised its target asset allocation in favor of equities at its September investment committee meeting.
The foundation’s previous finance head retired after four years in the role.
The university’s previous investment head retired at the end of the second quarter after nearly nine years of service.
The university revised the asset allocation of the policy portfolio for its endowment in fiscal year 2024, increased its weight to public equity at the expense of private partnerships.
The college will conduct a search for its next v.p. for administration and finance and cfo as its current finance head is slated to retire after the fall semester.
The health network has hired an investment manager to help oversee and manage its more than $4 billon in investments, including sourcing and maintaining a pipeline of investment opportunities and funds and monitoring existing managers.
The museum outsourced the management of its portfolio as part of a standard due diligence process as it reviews significant partnerships.
The foundation has hired a director of public investments to oversee and manage a portion of its endowment following a search for the role from last year.