The college rehired its outsourced cio following an invitation-only search due to the incumbent’s expiring contract.
The foundation has issued an RFP seeking a non-discretionary investment consultant for its endowment and bond portfolios.
The university added three new members to its board of trustees, including two investment industry veterans.
The foundation added private equity, private credit and international developed markets equity strategies to its portfolio in the second half of 2023.
The university has hired an alumnus as investment director to conduct manager due diligence and source and recommend prospective investments.
The firm has appointed a managing director and head of sustainability to leads its sustainability and responsible investment strategies and focus on developing its in-house ESG investing framework.
The firm has hired a portfolio manager and analyst focused on sustainable investments to lead its global sustainable equity strategy.
The university revised its retirement plan’s asset allocation in the fourth quarter, increasing its public fixed-income target.
The university has hired a discretionary investment consultant after conducting an invitation-only RFP process that began in the second quarter of 2023.
Nonprofits still see opportunities in alternative asset classes, like smaller or specialized buyout strategies, venture funds or private debt strategies that benefit from macro trends like the higher interest rates, rapid development of artificial intelligence or transition to clean energy.