The foundation recently promoted its senior v.p. of finance to cfo to oversee its financial functions and systems, including its investments, after its cfo left for the same role at a Southwestern community foundation.
The mid-Atlantic based investment manager has named its global head of real estate securities and managing director of private equity real estate as co-cios.
The university is searching for investment analysts to have an active role in discussions and decision-making, while also helping select external investment specialists and set policy and strategy.
The foundation hired its inaugural cio from a nearby nonprofit to review and evaluate managers’ performance and assess new investments following a search from the second quarter.
Philanthropist MacKenzie Scott has donated more than $590 million to at least 14 historically Black colleges and universities this year to grow their endowments.