The foundation has added two investment professionals who are alumnus to its board of directors to manage fiduciary responsibilities, business affairs and its assets.
The new v.p. and cio will oversee and manage the foundation’s investment portfolio including evaluating and recommending prospective managers and working with the organization’s investment committee to develop an overall investment strategy, policy and asset allocation.
The university made a commitment with a venture fund-of-funds that invests in seed-stage start-up companies nationally with a focus on firms based in the Greater Cincinnati region.
The university is searching for an investment analyst or investment associate to serve as a generalist and help manage its nearly $1 billion endowment.
The university’s special committee on investment responsibility has decided to take no action on a student-led proposal to divest its endowment from companies supporting the Israel Defense Forces.
The firm has entered a strategic partnership with a lower middle market private equity firm after making an anchor investment in the firm’s flagship strategy.