The role will monitor existing portfolio managers, provide due diligence of prospective managers, research investment industry trends and model benchmarks for performance, risk and liquidity.
The foundation’s previous finance head left last year to join another nonprofit.
The recently canceled search received one proposal for the services.
The firm, which provides record keeping and third-party administrator services for public retirement plans and college savings plans, has promoted its president as its next ceo.
Nonprofit investors can find attractive investment opportunities in precious metals like gold, critical minerals like lithium and agriculture that diversify their real assets portfolio, while also providing a potential hedge against ‘stagflation.’
The fund anticipates increasing its private equity pacing plan in the coming months as recommended by its general investment consultant.
The foundation is looking to add emerging markets equity and India-focused private equity allocations within its portfolio.
The hire concludes a search launched in the first quarter as the foundation’s investment head retired this summer.
The investment analyst will assist with all qualitative and quantitative functions related to managing the university’s portfolio.
The foundation hired a cfo to help oversee its approximately $864.6 million investment portfolio.