Equity
Southern Trust Approves Searches To Replace Two Managers

The fund approved conducting a search for a U.S. small-cap value equity manager and an international growth equity manager to replace two existing firms within its portfolio due to a decline in strategy assets.

08.26.26
Multi-Asset/Investment Advisor
New England University Hires New Firm To Manage Assets 

The university hired a new firm to provide investment management services for its financial assets as well as those of its foundation following a search from last year.

08.26.26
Industry News
Global Asset Manager Acquiring Multi-Asset Manager

The acquisition agreement will generate a combined diversified global asset manager overseeing approximately $571 billion in assets.

08.26.26
MRI/Social Investments
Northeast Foundation Makes Gift To UNCF To Strengthen HCBU Endowments

The foundation made a $12 million donation to the United Negro College Fund to provide permanent endowment capital to 12 selected member schools.

08.26.26
Alternatives
Southern University Adds Private Equity, Venture Commitments

The university approved adding new private equity managers as well as re-upping a commitment with an existing venture capital manager within its endowment.

08.26.26
FIN Searches combines our in-depth coverage with a directory component.
FINsearches is the most powerful and complete sales and marketing tool available for the institutional asset management industry for defined benefit plans, nonprofits and consultants.
People Moves
Midwest Healthcare Group Hires Principal Of Strategic Investments

The principal of strategic investments will evaluate prospective venture investments or partnerships with emerging technology firms, provide investment analysis and help with structuring deals.

08.26.26
Venture Capital
Multi-Stage Venture Manager Launches Second Climate Technology Fund

The firm is launching a venture capital fund that will invest in early-stage companies using climate technology and artificial intelligence to improve real assets.

08.26.26
In The News
The Struggling Colleges Raiding Their Endowments to Pay the Bills

It’s the last resort for institutions on the brink: tapping restricted funds from donors to keep the lights on. ‘The money they donated is not being used for what they gave it for.’

Wall Street Journal
University Endowments Are About to Strike It Big on the SpaceX IPO

SpaceX is among the most widely held investments across colleges and universities, endowment executives say, likely making the rocket company’s coming IPO one of the great windfalls for American endowments.

Wall Street Journal
Princeton spared from endowment tax, PRINCO executive says, saving hundreds of millions

Princeton will not have to pay any net investment income tax on returns from its $36.4 billion endowment, a University investment official said at a private event in January, after a recent expansion of its undergraduate financial aid program left the University below a 3,000 tuition-paying student threshold to qualify for taxation.

Daily Princetonian
Yale Endowment, Managing $44 Billion, Eyes Korean Stocks Amid 'Value-Up' Push

Officials from Yale University’s endowment, which manages over 65 trillion won ($44 billion) in assets, are set to visit Korea to discuss investments with domestic asset managers. As expectations for a re-rating of Korean equities grow on the back of the government’s corporate value-up initiative and expanding shareholder returns, even global university endowments are now scouting investment opportunities in the country.

Seoul Economic Daily
ABOUT FIN | NEWS

Extensive and timely coverage of the defined benefit space

Learn More
Financial Investment News is an award winning news source for the asset management community, providing knowledge, resources and intelligence tools that power institutional asset management sales leads.