The foundation has hired a new cfo to oversee its finances and investments as its current finance head is set to retire at the end of the year.
The foundation has issued an RFP for an investment manager to oversee its portfolio as part of a due diligence review of the marketplace and its incumbent is allowed to rebid.
The global quantitative manager added a senior strategic relationship manager to focus on consultant relations and relationship management and a senior manager of product communications and management to works with its distribution and investment teams and market its products.
The executive order, signed earlier this month, will limit or ban private fund managers from investing in certain technologies like computer chips or semiconductors in China.
The system expects to conduct a review of the investment policy for its reserve pool, non-reserve short-term pool and non-reserve long-term pool this fall.
The 529 plan’s general investment consultant will conduct an asset allocation study this fall as it has been a few years since a review has been conducted.
The firm has appointed an employee to the newly created position of head of institutional to grow its client base among secondary and higher education, healthcare and government institutions.
The foundation approved a commitment to a buyout private equity strategy with a new investment manager in the second quarter.
The foundation has hired a new cfo to oversee its finances and help manage its investments following a search from earlier this year.
The university expects its discretionary provider to conduct a review of its strategic asset allocation during the third quarter and a separate review of its global equity portfolio during the fourth quarter.