The foundation added a new investment analyst to its team overseeing a nearly $3 billion investment portfolio following a search for the position from the first quarter.
A university system based in the Midwest is looking to add an investment analyst to its team overseeing an approximately $5 billion portfolio.
The investment analyst will assist with investment due diligence, data analysis, performance monitoring and researching new strategies, among other responsibilities.
The university is considering replacing an existing ban on securities tied to oil and gas companies within two of its investment portfolios with more flexible environmental and societal impact investment guidelines.
The commitment to an existing investment manager was made as the fund is underweight its strategic target to the asset class.
The community foundation hired a director of investment operations to develop and implement its investment operations framework in partnership with its general investment consultant.
The firm placed its investment in a domestic-large cap fund on watch in the third quarter due to performance concerns, while also removing two funds from watch status.
The investment manager will be responsible for implementing the foundation’s program-related investment strategy as well as sourcing, structuring and monitoring investments.
Two investment advisors serving foundations, endowments, family offices and corporate pension plans formally merged last month.
The new managing director of public equity will assist with investment decisions, research prospective investments and underwrite new managers.