The firm has promoted a staff member to senior managing director to provide education, training, investment management, performance reporting and custody services to foundation and endowment clients in the Western region.
The university has named a current trustee and former board chairman as an emeriti trustee and elected seven new board members during its May 11 board of trustees meeting.
The firm has added four members to its investment advisor business to deliver innovative solutions and services to support clients.
The university is looking to grow its private credit allocation to 10% of its overall portfolio following the approval of a new asset allocation.
The foundation has selected a new investment manager to succeed its incumbent, who had been providing the services since 2004, after issuing an RFP last year.
The university is searching for an outsourced cio provider for its endowment and operating fund portfolios as it is in the process of finalizing a new investment policy statement.
The community foundation has hired a discretionary advisor to manage its portfolio following an RFP process.
A portfolio manager overseeing several bond funds and another manager overseeing the global asset manager’s quantitative solutions team are set to retire next year.
The university will consider adding global equity strategies with two firms within its portfolio to eliminate fossil fuel exposures within the portfolio’s equity allocations.
The college has issued an RFP seeking a firm to provide investment advisory services for its retirement plan, including a review of its investment fund options.