Asset Study/Review
Southern Corporation Revises A/A, Redesigning Public Equity Program

The corporation revised its investment policy statement, including a new strategic asset allocation that increased targets to domestic large-cap equity, non-U.S. developed equity, absolute return, private debt, infrastructure and cash.

02.26.26
Consultant/OCIO/Discretionary
Southern Teachers Pension Names Consultant Finalists

The plan will interview the two finalists in April.

02.26.26
Infrastructure
Windy City Pension Bolsters Infrastructure Portfolio

The retirement plan added $60 million in infrastructure investments at today’s board meeting.

02.26.26
Infrastructure
Southern Police Pension To Hunt For Infrastructure Mgrs.

The infrastructure asset class would mark a new investment for the plan.

02.26.26
People Moves
Sterling Investment Partners Welcomes Senior V.P.

The firm’s newest senior v.p. joins from Warburg Pincus.

02.26.26
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People Moves
CAPTRUST Principal, Financial Advisor To Retire

The principal and financial advisor will retire from the investment consulting firm this summer.

02.26.26
People Moves
Manulife Names Emerging Markets Fixed-Income Head

He will manage a global team of portfolio managers and analysts, driving growth of the firm’s emerging market debt business.

02.26.26
In The News
President’s Annual “State of the University” Letter 2026: From Growth to Focus

Princeton needs to transition from growth to focus because long-term rates of return are steadily declining across university endowments. This decline has been hard to see because returns have been volatile. In other words, returns have not been a steady 8 percent or 10 percent; instead, they have been all over the map.

Princeton University
Utah endowment’s OCIO contract raises conflict of interest concerns

Cynosure Capital Management, its new outsourced chief investment officer, is founded by members of one of the state’s richest families.

Pitchbook
Commonfund Releases 2025 HEPI Report

Data from the annual Higher Education Price Index® (HEPI) show that inflation for U.S. colleges and universities rose 3.6 percent in fiscal year 2025, surpassing the 3.4 percent inflation reported in fiscal year 2024.

Commonfund
Yale expects layoffs as leaders brace for $300M in endowment taxes

The Ivy League institution’s tax bill starting next year will be higher than what it spends on student aid, university officials said.

Higher Ed Dive
RFP: Emerging Manager Equity Products, State Universities Retirement System of Illinois
The State Universities Retirement System of Illinois (SURS) is requesting proposals from qualified
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