Announcements
The university has elected its next chancellor to head its board of fellows and board of trustees and serve as a fiduciary of the university.
The foundation has added three nonprofit leaders to its board of directors with one expected to join its finance and investment committee, which oversees the organization’s endowment.
The foundation made an investment in an initiative that aims to increase capital access for Black/African-American, Latinx, Native American and other people of color-led businesses, nonprofit organizations, financial intermediaries and venture funds.
The cfo will be leaving the mid-Atlantic-based university in March to join another mid-Atlantic-based institution as its next cfo.
The firm has hired a co-cio to help lead its investment activities, including investment research, manager sourcing, portfolio construction and risk management
The new deputy cio will oversee the endowment’s strategic partnerships and absolute return portfolios.
The foundation added two new members to its board of trustees, including one with investment experience, in the fourth quarter.
The firm has hired a regional sales director to meet with nonprofits, institutions, families and individuals to convey the firm’s investment approach and solutions.
The endowment will conduct a search for a new president and ceo as its current head has resigned from the position.
The foundation has hired a cfo to help oversee its approximately $1 billion endowment as its finance head is set to depart after more than 16 years in the role.