The endowment will call a special meeting to select a firm in its U.S. direct lending manager search after eliminating one firm from a pool of candidates at its board meeting last month.
The firm has added investment vehicles from a leading global alternatives investment manager to its alternative investments access platform, which provides RIAs, broker-dealers and their clients access to private markets investments.
The fund approved terminating a core fixed-income manager and reallocating the assets with its two other existing fixed-income managers at its board meeting last week.
The foundation has launched a search for its next cio to help oversee its portfolio after its investment head left late last year to pursue new opportunities.
A new study shows roughly a quarter of Ivy League or elite endowments’ private equity allocations are unfunded, meaning the institutions may need to rely on their liquid holdings within public stocks and bonds.