Industry News
Cerity Partners To Merge With Verus

The merger is expected to close at the end of the first quarter.

02.11.26
Consultant/OCIO/Discretionary
Calif. Association Slates Real Estate Consultant RFP

The retirement association will issue a real estate consultant RFP this quarter due to the upcoming contract expiration of its incumbent.

02.11.26
People Moves
Midwest Nonprofit Hires New CFO

The nonprofit hired a new cfo to oversee its financial stewardship after its previous finance head left in August for a similar role with a larger plan in the Midwest.

02.11.26
Private Equity
Blue Owl Closes Inaugural Secondaries Strategy

Blue Owl Strategic Equity raised approximately $3 billion in commitments from across its global private wealth and institutional channels as well as related accounts.

02.11.26
Alternatives
Calif. Pension Reviews 2026 Pacing Plan

The retirement fund also hired a new domestic small-cap value equity manager this week.

02.11.26
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Consultant/OCIO/Discretionary
New England Plan To Issue Consultant RFP

The plan will conduct the search due to the expiring contract of its incumbent.

02.11.26
Non-U.S. & Global Equity
Northeast Pension Terminates Global Equity Manager

The retirement fund also disclosed commitments totaling $1.1 billion in November.

02.11.26
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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