Trends
Q3 2026: Core, Core-Plus Real Estate Investment Space Sees Positive Performance, Stable Income

Institutional investors have steadily re-entered the core and core-plus real estate space over the last few quarters, with a long stretch of positive performance among the reasons factoring into the decision to step off the sidelines.

11.09.26
Large-Cap
Southeast DC Plan Hires New Large-Cap Growth Mgr.

The deferred compensation plan replaced its underperforming domestic large-cap growth equity manager in the second quarter.

11.09.26
Consultant/OCIO/Discretionary
Southeast Pension Issues Consultant RFP

The retirement system extended its contract with general investment consultant Raymond James Financial earlier this year.

11.09.26
People Moves
CalPERS Adds Associate Investment Mgr.

The associate investment manager will serve on the sustainable investments team and joins from a sister retirement system.

11.09.26
Non-U.S. & Global Equity
Northeast Pension Taps New Int’l Equity Manager

The retirement system hired a new international equity manager in the third quarter.

11.09.26
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Consultant/OCIO/Discretionary
Calif. Pension Issues Private Equity Consultant RFP

The search is being conducted due to the upcoming contract expiration of incumbent StepStone Group.

11.06.26
Mid-Cap
Southern Teachers Pension Approves Mid-Cap Replacement Search

The plan also replaced its discretionary private equity and private credit consultant.

11.06.26
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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