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
Industry News
Indiana Searching For Senior Analyst

The plan is looking to expand the team managing its absolute return hedge fund portfolio.

08.28.26
Administrator/Record Keeper
Mid-Atlantic County Schools DC Plans Seeking Record Keeper

The district is seeking to “consolidate providers by implementing a single vendor or a dual vendor solution.”

08.28.26
Equity
Northeast Pension Terminates Equity Managers

The retirement fund also disclosed commitments totaling roughly $1.7 billion in June.

08.28.26
Fixed-Income
Northeast 457 Plan To Issue Fixed-Income RFP

The deferred compensation plan also hired a new target date fund provider at a meeting today.

08.28.26
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Alternatives
Pacific Northwest Pension Slates Private Markets Commitments

The plan’s investment committee also approved reallocating assets from a Japan equity portfolio at a meeting yesterday.

08.28.26
High-Yield
West Coast Pension Hires Maiden High-Yield Bond Manager

The hire follows the creation of a 7.5% target to the asset class earlier this year.

08.28.26
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
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