Searches and Hires

University of Louisiana at Lafayette Foundation taps Cambridge as OCIO

University of Louisiana at Lafayette Foundation, Lafayette, La., hired Cambridge Associates to provide outsourced chief investment officer services for its $170 million endowment, said Colette Billeaud, chief financial officer.

The foundation conducted a search earlier this year for an OCIO firm. Cambridge's OCIO unit, CA Capital Management, replaces Fund Evaluation Group, which served as traditional investment consultant for the endowment. Ms. Billeaud said FEG was included in the search process.