The firm has hired a managing director to oversee its venture platform including sourcing and evaluating investment opportunities, developing manager relationships and guiding portfolio construction.
More than one-third of higher education institutions are not making endowment portfolio changes despite the headwinds they face in the current financial environment and the seemingly constant stream of changes.
The university hired a new v.p. for finance and administration in the second quarter to oversee all aspects of strategic financial matters, internal control structures, financial accounting and reporting and management of cash and securities.