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 company has received a letter outlining a non-binding acquisition proposal submitted jointly by Trian Fund Management and General Catalyst Group Management and their respective affiliated funds.
The appointment follows the recent launch of three actively managed ETFs designed to bring the firm’s AI-driven quantitative and thematic strategies to U.S. financial advisors and investors.