The racial makeup of senior management at investment consulting firms dropped by almost 10%, an “alarming change” in a segment of the market that has an outsized impact on what asset managers are chosen by institutional allocators, according to a new report.
The university has elected six new members to its board of trustees, including four with investment experience, to help guide its educational mission and fiscal policies.
The university has hired a senior investment officer to handle the day-to-day management and oversight of private equity portfolio, including responsibility for pacing models, allocation and strategy development along with due diligence, manager selection and monitoring.
The PFMAM outsourced cio business has about $35 billion in assets under management and has turned to the endowment and foundation space as an area of emphasis.