The university elected six new members to serve on its board of trustees this summer and they are tasked with overseeing strategic goals and providing fiduciary oversight.
The institution expects to receive formal recommendations on asset allocation changes to its liquidity pool from its general investment consultant at a future board meeting.
The foundation added three analysts to help manage its investment portfolio.
The foundation has named its next president, effective January 2024, after its current head announced in the first quarter of 2023 that they would retire following 18 years in the role.
The trust has launched its search for its next v.p. and cio due to the impending departure of its investment head, while also searching for a director of investment operations and investment analysts.
Texas citizens approved Texas Proposition 5 to create the Texas University Fund and provide funding to some higher education institutions with nearly two-thirds of voters voting in favor of the constitutional amendment.
The New England-based institution is seeking a global investor to help oversee and manage its endowment.
The college’s board of trustees will consider divestment proposals for its endowment at meetings this week.
The plan replaced a commodities manager and added a global real estate manager to its watch list in the third quarter.
The fund extended the watch list status for one of its domestic equity managers during its August board meeting despite improved performance over the last three quarters.