Industry News
Chicago Hospital Systems Merge

Two hospital systems based in the Chicago area have agreed to a merger that is expected next year.

10.15.26
People Moves
Southern Family Foundation Adds Senior Associate

The foundation recently hired a senior investment associate to source, execute and manage investments.

10.15.26
Consultant/OCIO/Discretionary
Northeast Foundation Shifting To Mission Aligned Investment Approach, Hires OCIO

The foundation is shifting its investment strategy to a mission and values-aligned approach as part of its hiring of an outsourced cio to manage its public and private markets investment portfolio.

10.15.26
People Moves
Northeast Foundation Seeks CFO

The foundation is seeking a cfo to oversee its finance, accounting and endowment management and align its investments with is mission.

10.15.26
People Moves
Southern Foundation Seeks Investment Director

The foundation is seeking a director of investments to lead investment oversight and strategy, donor investment consultation, external investment partner management and impact investing across its investment platform.

10.15.26
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People Moves
Outsourced CIO Hires WTW Global Head Of Equity Portfolio Solutions

The outsourced cio has hired a managing director to lead its public equity investment program as its current head is set to leave the firm after nearly three decades of service.

10.15.26
MRI/Social Investments
Asset Managers Team Up On Fund Design Platform

Two asset managers have joined forces to offer a fund design platform for nonprofits and other allocators.

10.15.26
In The News
Oil, Lawsuits, AI: Inside Harvard’s Increasingly Opaque $57 Billion Endowment

A Harvard Crimson analysis of nearly 3,400 tax records traced Harvard’s endowment through a sprawling network of outside funds, revealing investments tied to fossil fuels, litigation finance, private companies, catastrophe risk, and more.

Harvard Crimson
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
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