The university has hired a managing director focused on universities and foundations at an investment consulting firm as its next investment head, beginning later this month.
Emerging markets equities have increasingly ignited interest for institutional investors in recent months and while commitments slowed in March due in part to geopolitical issues and what the industry views as short-term volatility, these investments remain beneficial to portfolios.
Stable Asset Management has entered into a definitive agreement to sell a portfolio of minority, net revenue-share interests in alternative asset managers.
The plan tapped an active manager after voting to move to an all-active approach for the fixed-income portfolio to achieve better long-term return prospects.