The firm has hired a head of investor relations to lead its strategy with a focus on strengthening how it communicates its long-term growth strategy and financial performance to the investment community.
The foundation has issued an RFP seeking a non-discretionary investment manager to handle a minimum of $15 million and maximum of $20 million of its portfolio.
The university has appointed the senior v.p. for business and finance at a southern university as its next finance head as its current cfo and treasurer is retiring after more than 30 years of service.
The university is seeking fixed-income managers to handle separately managed mandates for three of its investment pools totaling approximately $284 million in assets.
The foundation replaced a domestic small- to mid-cap equity manager after it had underperformed its benchmark since inception and added three private markets commitments in the first half of 2026.
The positions will assist in the oversight of the health system’s endowment and pension assets as well as conduct diligence on new and existing managers across asset classes.
The firm recently closed its fourth private equity fund and second independent sponsor-focused fund after reaching its hard cap with more than $1.1 billion in commitments.
Pre-seed venture accelerator Nex Cubed and CEO Marlon Evans launched the HBCU Founders Initiative five years ago to engage Historically Black college and university students and alumni interested in developing solutions to close the wealth gap, ranging from increasing access to healthcare, education and financial services.