Assertion: endowment | /r/CapableOf | restructure its portfolio
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text: As part of the reforms spearheaded by Miranda since his appointment, the endowment relocated its offices from Ithaca to New York City in a bid to attract more financial talent, and has begun to restructure its portfolio by cashing out of legacy investments — though such efforts have been constrained by the illiquid nature of those assets, Miranda said.