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The foundation named the founder and managing partner of the venture platform to its board of trustees to help oversee its endowment and help set broad policies related to grantmaking, geographic focus and governance.
The latest survey from an investment consultant found a growing gap between revenue and expenses at endowments from fiscal year 2024 to 2025.
The firm recently closed its sixth dedicated private technology growth equity fund with more than $1 billion in capital commitments.
The trust hired a new investment advisor following the launch of a search in the fourth quarter of 2024 as part of “good fiduciary practice.”
The foundation has hired an associate investment director from Cambridge Associates to assist in the oversight and management of its nearly $3 billion in assets under management.
The organization hired a new v.p. for finance, administration and operations and cfo after its previous finance head left in November to join a nearby foundation in the same role.
The firm has promoted six senior investors to the role of managing director, effective April 1.
The institution is searching for an investment analyst to source new managers and conduct investment due diligence for its endowment.
The foundation retained its investment advisor after issuing an RFP last year that yielded 20 proposals.
The foundation added fixed-income strategies with an existing manager and a new international large-cap equity manager to its portfolio in the second half of 2025.
