Restrictions on use and the funds’ earmarked status limit how much universities can rely on endowments to address funding shortfalls.
To support the new head of portfolio management, the firm plans to hire a vice president of asset-based opportunistic private credit and a private credit investment specialist.
The five-member team will advise the fund on potential climate-related investment risks and opportunities.
Amid market uncertainty, institutional investors have been looking for cover this year, per an IFSWF report.