Daily Feed
The plan will move the assets from the underperforming manager to cash for use in making benefit payments.
The incumbent’s five-year contract is nearing its end.
Fund managers are increasingly demonstrating strategic advantages in the long-term success and financial performance that their organizations experience when focused on DEI, while also addressing barriers to progress in the funding of underrepresented women and people of color.
The university added an international equity investment with an existing manager within its portfolio in the fourth quarter.
The institution added two experienced investment professionals to its board of trustees in the second quarter.
The foundation has added a director of investments and an investment associate to help oversee its portfolio.
The firm has hired a head of global client relations to oversee its institutional client solutions team and help with origination efforts for its fastest growing business segment.
Private credit’s increasing popularity makes for opportunity for investors as the alternatives market is expected to grow, according to a recent webinar.
The university is currently searching for a v.p. for business affairs and treasurer to oversee and manage its endowment following the retirement of its treasurer last month.