The university has hired an executive v.p. for finance at a Midwestern university to be its new cfo and oversee its financial objectives, policies and strategy.
The foundation has hired a new portfolio to help oversee its $2 billion endowment.
The agency has selected five venture capital fund managers to launch an $100 million venture capital fund targeting startups in the state.
The foundation has teamed up with an women-owned impact investment manager to launch an impact investment fund focused on health equity across several states.
The foundation is looking to allocate to impact or mission-aligned investments across fixed-income and equity markets as it begins to explore similar investments in the private markets.
The university has added three new members to its board of trust, including two investment professionals.
The firm has hired the former managing director at a Midwestern-investment company that manages assets related to several family foundations and affiliated firms.
The foundation has hired a new cfo to oversee and manage its financial operations after its previous finance head left the role last year.
The university approved a recommendation from its general investment consultant to add global equity managers in alignment with its fossil fuel divestment policy.
The foundation is considering hiring an investment manager or outsourced cio to help align its investment portfolio with its mission of expanding local access to music education.