People Moves
Southern Health System Names New CIO From Midwest College

The health system named its next investment head from a Midwestern college following a search for the role from 2025.

02.12.26
Credit/Private Debt
Brigade Closes Inaugural Private Credit Fund

The oversubscribed fund raised over $1 billion of investment capital from a range of global institutional investors.

02.12.26
Real Assets
Midwest Pension Axes Real Assets Mgr.

The retirement system terminated its sole public diversified real assets manager last month.

02.12.26
Industry News
Texas Pension To Expand Investment Staff

The retirement system is looking to expand its investment staff through the additions of a private equity director and investment analyst.

02.12.26
Small- to Mid-Cap
Northeast Pension Issues Smid-Cap Growth Manager RFP

The retirement system is seeking a firm to handle between $10 million and $15 million.

02.12.26
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Industry News
Nuveen To Acquire Schroders

The deal “will create one of the largest active global asset management firms.”

02.12.26
Hedge Funds
West Coast Pension Terminates Hedge Fund Manager

The retirement system fully redeemed its investment in the manager due to underperformance.

02.12.26
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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