The university added a new global public equity investment and a private equity commitment with existing managers within its endowment in the fourth quarter.
The global alternatives firm has named a senior-level staff member to serve in the newly created role of president, with another staffer to fill his former position.
The university is looking to add an investment analyst to help with evaluating prospective and existing fund managers across asset classes, preparing investment recommendations and providing ongoing monitoring of the endowment’s performance.
The cfo will provide leadership, analysis and management of the school’s finances and operations as well as oversee the administration of its endowment.
The nonprofit membership association has launched a search for an investment consultant for its portfolio to comply with its competitive bid policy and to survey the market.
Under today’s conditions, many nonprofits and allocators are looking at other macro trends — especially the advancement of artificial intelligence technologies and concomitant demand spike for energy and infrastructure — that bode well for their alternatives allocations.