The foundation added two fixed-income managers to its more than $1 billion portfolio in the last year as it ceased working with a hedge fund manager focused on global macro and fixed-income relative value strategies.
The wealth manager and registered investment advisor is acquiring a West coast-based institutional investment consulting firm to help support its investment strategy, fiduciary governance and portfolio oversight.
The university approved re-up commitments with existing private equity firms within its endowment as recommended by its general investment consultant at its September investment committee meeting.
The university invested over $2 billion to back the launch of an index ETF that allocates 90% to the Standard & Poor’s 500 Index and 10% to the S&P U.S. Investment Grade Corporate Bond 1-3 Year Index.
The firm hired a head of investor relations to handle capital formation, investor communications and relationship management with current and prospective limited partners.
The fund is seeking an associate or senior associate to focus on public markets and support its deputy cio in all of their responsibilities across Investments, board/investment committee relations and other leadership initiatives.