The university will consider a recommendation to select an investment advisor for its endowed and non-endowed portfolios alongside potential asset allocation changes within the endowment at its March meeting.
The firm closed its first real estate fund with more than $350 million in commitments from a diverse set of institutional investors that includes foundations, pension funds, registered investment advisors, family offices, banks and their clients.
The state’s senate recently passed legislation mandating that the state’s public universities invest a limited portion of their endowments into state-certified innovation funds.
Investors are being more deliberate in their approach to private markets capital deployment given concerns over liquidity constraints, rapid technological change and geopolitical risk, according to a new survey from private markets investment manager Adams Street Partners.
The college has hired a new v.p. for finance to oversee its financial planning, budgeting, accounting and reporting as well as manage cash flow and investments following national search from late 2025.