Daily Feed
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
Consultant/OCIO/Discretionary
Southwest Pension Eyes General Investment Consultant RFP

The plan last conducted a general investment consultant search in 2013.

10.15.26
Private Equity
OrbiMed Raises $3 Billion Across Global, Asia Funds

Commitments included over $1.9 billion to OrbiMed Private Investments X and more than $1 billion to OrbiMed Asia Partners VI.

10.15.26
Consultant/OCIO/Discretionary
Southeast DC Plan Seeking Advisor

The system is seeking a firm to serve as the investment advisor for its $28 million 403(b) Defined Contribution Plan.

10.15.26
People Moves
Hamilton Lane Names New Co-CEO

Hartley Rogers has been named co-ceo of global private markets firm Hamilton Lane.

10.15.26
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People Moves
RCLCO Adds Managing Director

The managing director will work on client relationship management initiatives and business development.

10.15.26
Large-Cap
Rocky Mountain DC Plan Replaces Large-Cap Value Mgr.

The deferred compensation plan replaced its domestic large-cap value equity manager in the first quarter.

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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