Searches And Hires
The hire concludes a search that was launched in August.
The trust’s existing consultant contract expires this year.
The university system is seeking a retirement plan administrator and record keeper for its 401(a) and 403(b) defined contribution plans.
The system approved a growth private equity commitment with an existing manager within its endowment at its Feb. 1 board meeting.
The foundation is looking to allocate to new impact investments this year as part of its three-year impact investment program targeting housing and healthcare outcomes in addition to a return of capital committed.
The university hired a new investment advisor to oversee and manage its endowment in the fourth quarter following an RFP process approved in the second quarter of 2022.
The institution will consider a venture capital commitment to a recently launched investment manager at its board meeting this week.
The university is seeking an investment manager for its $76.4 million operating funds portfolio after retaining its incumbent manager following a similar search in 2019.
The plan last conducted a similar search in 2020.
The plan agreed to move forward on due diligence with four firms in its general investment consulting services search.