The fund will consider adding an allocation with a new special situation strategy within its portfolio at its April board meeting.
Pearce is a managing director in Cambridge Associates’ endowment and foundation practice, tasked with conducting manager due diligence and developing investment strategies for clients with mission-related, ESG or impact investment objectives. He took the time to answer five questions with FIN News.
The alternatives firm hired the former cio at a healthcare system as a managing director.
The associate will serve as the foundation’s primary liaison to financial advisors about separately managed accounts.
The university will search for an investment manager to handle its portfolio after it approved a new investment policy transitioning portfolio management to an external firm from state-managed funds.
The fund added a commitment to a multi-strategy hedge fund within its endowment in the first quarter.
The foundation added investments with three diverse managers to help it surpass its goal of allocating half of its portfolio to diverse firms.
The associate director will assist with day-to-day portfolio management, including sourcing, due diligence and evaluation of prospective managers.
The university is seeking a director of investments to lead the selection and evaluation of managers and work with its investment consultant to monitor qualitative and quantitative performance metrics.
The organization selected a new general investment consultant for its portfolio following a search process initiated due to the impending contract expiration of the incumbent.