The decision comes despite pressures from students, staff and the larger university community regarding the investment and management of the portfolio.
The governor has asked for an evaluation of all state funds invested in China after instructing the endowment to divest from China this year.
The organization hired an impact investing fellow at a nearby foundation to serve as a senior investment analyst and help oversee and manage its portfolio.
The foundation recently entered the secondaries market by purchasing private equity interests and other illiquid assets from a prominent pension that is considering folding.
The firm has added a coo to lead all operational aspects of its business and a chief people officer to head its human resources strategy.
The university is seeking a quantitative analyst to assist in performing exploratory data analysis, building models and running experiments to generate data-driven insights across asset classes and geographies.
The consulting firm is adding nearly $5 billion in client assets and expanding its presence in New England through the acquisition of a registered investment advisor with over 100 employees.
The foundation revised its investment policy with a new target asset allocation range in fiscal year 2024, creating new dedicated target asset allocation ranges for domestic and international equity as well as real estate, while breaking out private assets from its alternative strategies allocation.
The university approved private equity and real assets commitments within its endowment fund at its November investment committee meeting.
The university has named a retired partner at Goldman Sachs as the new chair of its board of trustees.