The foundation hired an investment consultant to provide non-discretionary services for its portfolio over three other firms after conducting an RFQ and RFP process last year.
The foundation terminated an unconstrained fixed-income manager and reinvested the redemption proceeds with an existing firm at its board meeting in late September.
The foundation has hired a director of impact investing to oversee its program-related and mission-related investment portfolio totaling more than $120 million.
The university recently increased its allocations to domestic equity and intermediate-term fixed-income following a recommendation from its outsourced cio, which completed an annual strategic asset allocation review.