The global manager has appointed its global head of asset management and development for real assets as its first global head of sustainability to develop and deploy sustainability strategies across its business lines.
The firm has hired a principal to oversee its new West Coast office and provide wealth management services, wealth strategy and portfolio analysis to clients.
The firm’s head of impact investing will retire this summer and the firm has named a portfolio manager on its impact investment team as their successor.
The university increased its targets to public equity and private real assets to reduce portfolio complexity and take advantage of higher interest rates.
The foundation recently revised the target asset allocation for its investment portfolio, shifting it toward domestic and developed market equities at the expense of emerging market stocks, and retained its outsourced cio provider.