The foundation has launched the search for investment management services as a result of a five-year fiduciary review and the incumbent provider is allowed to rebid.
The foundation has selected a new investment manager to succeed its incumbent, who had been providing the services since 2004, after issuing an RFP last year.
The university is searching for an outsourced cio provider for its endowment and operating fund portfolios as it is in the process of finalizing a new investment policy statement.
The university will review and discuss the investment policy and asset allocation for its endowment later this year, including increasing its private market allocations.
The plans are seeking an investment consultant to monitor investments, conduct annual due diligence meetings with investment managers, provide quarterly reports and annual reviews.