University of Dayton, Dayton, Ohio, hired Hancock Timber Resource Group to manage $5 million in timber, the first such move for the schools $400 million endowment, said Delanie Moler, investment officer. Funding will come from cash and from reducing the endowments domestic equity allocation. No managers will be terminated, Ms. Moler said. We dont foresee any managers getting fired, just having their investment positions changed a little, she said.
Dayton endowment hires Hancock
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