The firm has hired for the newly created role of director of institutional operations to oversee its operational processing, including institutional reporting and account administration, for its endowment and foundation clients.
The managing director left the trust in the second quarter to join an East coast-based investment adviser focused on U.S. credit as a managing partner.
The pension plan made $734.7 million in total private equity/current return commitments and $321 million in total real estate commitments in the third quarter.
The director of investments will assist in the oversight and management of the healthcare system’s portfolio, including conducting due diligence on existing and prospective managers.
The advocacy group and peer network is looking for endowments and foundations to participate in the latest cohort of its impact investment benchmarking program.