The university is searching for a firm to provide services for a portfolio that seeks to allocate to investments with a maximum maturity of 5.5 years and a maximum aggregate duration of no more than three years.
The tribe conducted a similar search for investment management services for its permanent and donation funds in 2019.
The foundation has hired an outsourced cio to manage the university’s endowment and associated assets following a search process from last year.
The fund has hired a senior investment officer focused on private credit to help its team identify and evaluate potential investment opportunities as well as develop due diligence plans for potential investments.
The university is seeking a firm to provide non-discretionary investment consulting services for its portfolio likely due to the impending contract expiration of its incumbent provider, which was first hired following a search process from 2018.
The firm has closed its inaugural independent sponsor private equity strategy above its $400 million fundraising target.
The Midwest-based private equity firm recently held the final close of its renewable energy fund, surpassing its original $750 million target.
The fund will review the asset allocation for its trust fund portfolio this summer after last approving a new asset allocation in July 2023.
The fund fulfilled a $100 million pacing plan for private credit this year with two direct lending commitments at a board meeting last month.
The foundation is seeking an analyst to join its four-person public investments team.