The university is considering selling a portion of its private equity portfolio as it looks to reposition its endowment under its new investment head, who began in the role last year.
Some endowments and foundations are looking to emerging market debt, multi-asset credit and long-term bonds as a way to diversify their portfolios while also capitalizing on the macrotrends leading to a weaker greenback.
The university was awarded a $63 million unrestricted gift from the philanthropist giving the institution the freedom to invest strategically in areas that align with its mission.
The university is searching for an investment officer to help oversee and manage its endowment, with a focus on its marketable portfolio, including long-only, hedged equity and absolute return strategies.
The investment director and investment analyst will assist in the oversight and management of the tribal organization’s multi-billion dollar portfolio.
The foundation hired its first-ever coo to oversee its operations, finances and investment portfolio after its cfo retired at the end of the first quarter.