The plan has hired a wealth management firm as its new investment manager and the firm has entered a strategic collaboration to modernize the college savings plan.
The foundation has named a new cio to oversee its more than $2 billion portfolio after they left heading the investment management at a Midwestern foundation.
The college has appointed four new members to its board of trustees, including one investment professional and another that works at a large asset management firm.
The firm is acquiring a systematic options-based income ETF manager and the combined platform will position the firm as the eighth largest active ETF manager.
The independent, fee-only registered investment adviser has launched a dedicated institutional advisory and outsourced cio practice focused on foundations, endowments and nonprofit organizations.
The senior investment analyst will help manage real assets and hedge fund exposures within the university’s endowment as the previous analyst is now covering buyout and growth investments.