University of Alabama System, Tuscaloosa, hired Hewitt as consultant for its pooled endowment and operating cash funds. The funds, which have $850 million in combined assets, recently terminated another consultant, which Joanne Jackson, vice chancellor of financial affairs, declined to identify. According to the 2000 Money Market Directory, Dahab Associates was consultant to the pooled endowment fund.
In addition, Cambridge was brought on as a consultant to work on special projects related to alternative investing.
