The institution is seeking a firm to review and oversee its 401(k) and 403(b) retirement plan investment options as it reviews investments periodically.
The institution has hired a new cfo to oversee its finance and budget offices from another prominent institution in New England.
Matt Fettig joined the San Diego Foundation as cio in 2013, where he helped grow its portfolio to $1.8 billion in assets from $612 million, and took over the cfo role on Feb. 2, overseeing financial operations, compliance, audit and enterprise risk management. He took the time to answer 5 Questions with FIN News.
The university promoted its director of investments to deputy cio earlier this year to assist in the oversight and management of its portfolio, including asset allocation, risk management and ESG integration.
The firm has added a global head of sales and head of advisor relationships and strategic partnerships to expand its wealth management segment.
The foundation has hired the founder and managing partner of a boutique consulting firm focused on sustainable finance and investing as its cio.
The university approved a recommendation to revise its asset allocation, increasing its target to international equity, at its March meeting.
The endowment is seeking firms with open-end, evergreen funds to manage an approximately $75 million allocation and will give preference to firms with experience in direct investments, co-investments and secondary transactions.
The college has issued an RFP seeking an investment advisor to actively manage, advise and recommend investments as well as develop and review its investment policy.
An in-depth look at how each NCAA Men’s team stacks up off the court from an endowment perspective.