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The university approved a new investment policy statement with revised long-term strategic asset allocation targets for its strategic and reserve pool last year.
The new portfolio manager will focus on the global equity team’s investments in financial companies.
The deferred compensation plan reviewed an initial search report at its deferred compensation committee meeting last week.
The plan will look to rehire two of its incumbent managers to handle passive equity mandates.
The director will be responsible for developing, launching and managing the new program.
The two commitments were made for pacing purposes.
The venture capital and growth equity firm added a new partner.
The new executive director has held the position on an interim basis since January.
Starwood Capital Group has closed three of its private credit-focused vehicles.
The board hired an infrastructure manager and adopted a new asset allocation policy in April.