The university considered adding a fossil fuel-free emerging markets equity strategy within an investment pool and two global equity strategies to its pension fund during its investment committee meeting earlier this month.
The foundation is reviewing the target asset allocation of its largest investment pool as well as reviewing the fixed-income manager roster within another pool of assets.
A global investment firm has expanded access for its alternative asset platform to its private banking and advisor clients as well as entities that have no relationship with the firm.
The investment consultant absorbed the investment advisor and financial planning firm’s base of clients totaling $1.4 billion in assets across 30 states.
The foundation is searching for a successor to monitor its investment performance, rebalance its portfolio and provide strategic direction to its general investment consultant regarding the selection and due diligence of managers and risk management.