The new hire previously served as senior manager of investments at the $2.5 billion Montgomery County (Md.) Public Schools Pension & Retirement Plan.
The investment board was informed that two of its client funds have adopted a new asset allocation policy at today’s meeting.
The current executive director has worked at the fund for 27 years.
The oversubscribed fund achieved its hard cap of 300 million.
The senior portfolio manager had been with the pension plan since 2021.
Jay Wiltshire joins the firm in the role amid a broader leadership transition.
He joins from a Western state pension fund, where he held a similar role.
The associate will conduct comprehensive operational assessments of current and prospective investment managers across asset classes.
The university is seeking a director of investments to oversee its portfolio, explore prospective investment opportunities and maintain relationships with and conduct due diligence of existing managers.
The foundation’s next investment head is joining from an investment management and advisory firm.