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The endowment will call a special meeting to select a firm in its U.S. direct lending manager search after eliminating one firm from a pool of candidates at its board meeting last month.
The firm has added investment vehicles from a leading global alternatives investment manager to its alternative investments access platform, which provides RIAs, broker-dealers and their clients access to private markets investments.
The fund approved terminating a core fixed-income manager and reallocating the assets with its two other existing fixed-income managers at its board meeting last week.
The foundation has launched a search for its next cio to help oversee its portfolio after its investment head left late last year to pursue new opportunities.
A new study shows roughly a quarter of Ivy League or elite endowments’ private equity allocations are unfunded, meaning the institutions may need to rely on their liquid holdings within public stocks and bonds.
The foundation is seeking an investment strategist to provide strategic and practical investment advice and give guidance on endowment structure and governance.
The university’s previous finance head left the role to join a leadership development consulting firm.
The university will conduct a search for its next cio and president to oversee its investment management arm as its current head is set to step down from the role later this month.
The firm has added a former partner of a prominent investment manager’s global private client business as a senior advisor to assist with relationships, resources and industry knowledge.
The foundation may look to fill an open investment associate role following the recent departure of an investment staff member, who left to pursue a new role in the nonprofit and philanthropic space.