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The institute has promoted its associate director and senior portfolio manager as its next investment head as its cio is retiring to launch an investment advisory firm.
The university retained its incumbent discretionary investment advisor following a search launched in the first quarter.
The university hired a new outsourced cio to handle its endowment late last year following an invitation-only search process.
The foundation hired a director of public investments in the third quarter after bringing its investment management and operations in-house earlier this year.
The plan will fund the hires by terminating three existing firms.
The plan also reviewed proposed alternatives commitments of up to $995 million this week.
Ares Management has raised approximately $1.5 billion in capital for Ares Direct Lending’s dedicated specialty healthcare strategy.
Atlantic Ridge Capital represents the first investment from Grafine Partners’ second institutional seeding fund.
The new hires join the firm’s D.C. office on its growing national security team.
The district launched a similar RFQ for services in 2023.