Announcements
The nonprofit’s next cfo will join on Aug. 15 after serving as the finance head for a nearby foundation for more than four years.
The Endowment Index, calculated by Nasdaq OMX, underperformed a global portfolio of 60% stocks and 40% bonds, which fell 12.64% over the same period.
The institution elected nine full-term members and three life members to its board of trustees.
The firm has partnered with a female-led registered investment adviser to solidify its dedication to supporting and promoting women in the industry, while building upon its growth.
The college hired a v.p. of finance and cfo to oversee its finances and endowment last month following a search from the first quarter.
The firm hired a portfolio manager to support the expansion of its sustainable multi-asset offering.
The foundation is receiving more than $20 billion in gifts to increase its endowment to help increase its annual spending.
The global head of responsible investing resigned from the role, which he has held since July 2021, this month after being suspended following a presentation at an industry conference in May.
The foundation as appointed a new chair and vice chair as well as three new members to its board of trustees.
The firm has acquired a registered investment adviser that specializes in advising North American tribes.
