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Independent schools’ endowments generated strong performance for the second year in a row as the smaller institutions outperformed their larger peers, according to a new study.
The institution will consider financing agreements up to a total of more than 10% of the assets under management of two nascent companies created at the institution.
The position will identify investment niches and themes that could lead to compelling new investment opportunities as well as evaluate investment managers and the assets in their portfolios.
The foundation is looking to hire a new v.p. and cfo to manage its finances and investments as its previous finance head is set to retire at the end of the first quarter.
The institution’s previous v.p. took over a new role at the institution in the fourth quarter.
The Latina-led venture capital firm recently closed its latest fund after garnering several commitments from foundations, two endowments and a religious institution’s investment team.
The plan could allocate up to $500 million to U.S. or global long-only strategies.
The investment committee approved a pair of active large-cap equity managers to replace a factor-based allocation this week.
The retirement system also changed firms for private infrastructure and private real estate consulting services in awarding contracts that also included hedge fund, private credit and private equity.
The firm’s previous chair transitioned to director emeritus.