The university added three private real asset commitments to its approximately $2.3 billion endowment in December and January, including one with a new manager.
The investment manager has filled the newly created position of global head of family capital with the former managing director of a prominent asset manager.
The institution rehired its incumbent provider over two other finalists to continue delivering banking and investment services for its portfolio after launching a search last year.
After showing consistent returns over the last two decades, private infrastructure funds offer attractive investment opportunities for nonprofits, due to growing demand, diversification of assets and mandated revenue structures of infrastructure projects.
The alternative assets-focused firm is launching an employee-ownership trust to recoup ownership stakes from its leadership team and redistribute to employees.
The university considered adding a fossil fuel-free emerging markets equity strategy within an investment pool and two global equity strategies to its pension fund during its investment committee meeting earlier this month.
The foundation’s president and ceo is leaving after almost seven years of service to join a nearby university as v.p. of university advancement.
The foundation is reviewing the target asset allocation of its largest investment pool as well as reviewing the fixed-income manager roster within another pool of assets.
Two Christian-affiliated higher education institutions have reversed their planned merger initially agreed to in the first quarter of 2024.
The position will assist primarily with designing and executing data analysis for portfolio performance, risk profile and overall exposures.