The university is searching for an investment director for private equity after a managing director on the team left this summer to join an investment management firm serving ultra-high-net-worth investors and family foundations.
The firm hired a senior investment associate from another outsourced cio to serve as its sole senior investment analyst as it has reached $3 billion in assets under management.
The investment analyst will assist with investment due diligence, data analysis, performance monitoring and researching new strategies, among other responsibilities.
Secondary fund investments are increasingly driving interest among institutional investors as the industry finds it’s a good place to gain comfort with private markets and efficiently deploy capital amid deal activity and fundraising surges.