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.
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.