The university system will consider a recommendation from its investment consultant to redeem all assets from two global equity managers that it placed on watch earlier this year due to personnel changes and underperformance.
The college has issued an RFP seeking an outsourced cio to oversee its investment portfolio as it looks to transition away from a traditional investment advisory relationship after recent growth in assets.
As smaller or medium-sized institutions face a demographic reduction in students entering college in an inflationary environment, the consultant is working with institutions to brace their endowments for unexpected costs ahead.
The healthcare system has hired a new senior investment analyst to help oversee its portfolio after more than three years at an investment consulting firm.
The fund approved conducting a search for a U.S. small-cap value equity manager and an international growth equity manager to replace two existing firms within its portfolio due to a decline in strategy assets.
The principal of strategic investments will evaluate prospective venture investments or partnerships with emerging technology firms, provide investment analysis and help with structuring deals.