The college is conducting a search for a director of investments to help oversee and manage its endowment after its investment director took a career sabbatical.
The office has issued an RFP seeking investment management services for two separate externally managed fixed-income pools totaling nearly $600 million.
The university will consider public equity investments with domestic and international equity managers within its endowment at this month’s board meeting.
The fund was slated to consider the addition of a new bank loan manager across its three portfolios this week to help complement existing bank loan manager allocations.
The firm has hired a senior v.p. and senior portfolio advisor to provide investment advice, asset servicing and related services to help nonprofit clients.
The college recently concluded its search for a firm to provide investment and plan advisory service for its defined contribution plans, retaining its incumbent advisor.
The firm has made three senor hires to accelerate its efforts to reach the private wealth channel and make its alternative products more accessible to a broader investor base.
The outsourced cio is closing down after more than a decade of service and is in the process of offboarding clients, which it manages approximately $2.1 billion on behalf of.
The acquisition of the firm, which has $775 million in assets under management, closed on May 31.
The investment consulting firm has launched its sixth annual Endowment and Foundation Survey to help nonprofit leaders understand what other institutions are doing in the space and why.