The investment chief, who will helm the university’s $4.5 billion endowment, will join from the Children’s Health medical center in Dallas.
According to the 2024 NACUBO-Commonfund Study of Endowments, 658 institutions, representing $873.7 billion in assets, reported a $30 billion increase in spending.
The head of alternative investments at the controversy-riddled fund will take over from Matt Worley on April 1.
After a dismal second quarter, the pension giant posted a 4.3% return to raise its asset value to $1.69 trillion.
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