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The college is weighing a proposal from a student finance committee to transfer nearly $4 million in surplus fees from a student fund to its endowment.
The promotion is the latest personnel reshuffling at the institutional consulting firm.
The new managing director will assist with the plan’s total portfolio approach.
The college is seeking the services as it looks to enhance cash management and investment performance.
The university approved investing with a startup company recently launched from the institution’s ecosystem.
The investment consulting firm has hired a senior v.p. to lead several client relationships, including faith-based, nonprofit, healthcare and insurance plans.
The university is searching for a v.p. of finance, cfo and treasurer after its previous finance head left to join a community college as v.p. of administrative services.
The plan also approved follow-on private equity fund-of-funds commitments last quarter.
The firm hired a v.p. and client development officer to develop new client relationships and strategic partnerships to support its suite of wealth management services.
The director will lead sourcing and underwriting of new investment opportunities and monitoring of existing investments.
