The university elected three new board of trustees members from investment management firms at its meeting in the second quarter.
The foundation is searching for a director to evaluate, recommend and monitor investment opportunities across public markets, including global equity, marketable alternatives and credit.
The firms have entered a strategic investment partnership that will provide access to direct private lower middle market investment opportunities.
The organization, which is focused on shifting the paradigm of who controls capital, has appointed an advisory board to help achieve its goal of having 33% of assets under management handled by gender-diverse and racially diverse fund management teams by 2033.
The fund will review the asset allocation for its portfolio later this year, including changes to targets and the addition of new asset classes, as capital market assumptions have changed significantly since a review was last conducted in 2021.
The university is working on an agreement with a separate nonprofit formed last year to manage its endowment and is seeking a director of investments to help with the investment management function.
The university is searching for a cio and v.p. to oversee its investments after its investment head left the role last month.
The global manager has added a partner and co-head of climate to help lead its dedicated climate investing team, which was established earlier this year.
The university elected one new member to its board of fellows and six new members to its board of trustees, including two experienced investment professionals.
The foundation has issued an RFP seeking investment management services for its endowment and operating portfolios.