Northeast Foundation Adds Foreign Stock Exchange Chair To Board

The foundation recently appointed the chair of one of the world’s largest stock exchange groups to its board of trustees, which oversees its investment strategies, allocations and performance.

Private Equity Manager Appoints Operating Partner

The firm has appointed an operating partner to help identify and support new investments in wealth and asset management.

People Moves
Southern University Adds Investment Analyst

The university hired an investment analyst to help with diligence, execution and monitoring of investments across asset classes.

Rockefeller Foundation Commits To Net-Zero Endowment By 2050

The foundation has committed to achieving net-zero greenhouse gas emissions for its endowment by 2050 and the strategy centers on investment in climate solutions and other climate-focused strategies as well as engagement with asset managers and others on data, disclosures and decarbonization plans.

Private Equity
Great Plains Fund To Consider New PE Relationship

The fund will consider adding a new private equity manager within its trust fund portfolio following a presentation from the firm at its board meeting this week.

Southern Health System Considering High-Yield Manager Replacement

The fund considered terminating a high-yield fixed-income manager and launching a search for a replacement firm at its board meeting this week.

People Moves
New England University Searching For Investment Director

The university is searching for an investment director to help oversee its endowment as its director of investments recently left for a new position.

People Moves
New England College Names CFO & Treasurer

The college has hired a cfo to oversee its financial operations and strategies as its v.p. of financial services and treasurer is set to retire after 30 year of service at the institution.

Southern Nonprofit Issues Consultant RFP

The organization is searching for an investment consultant to assist with strategic investment planning, investment manager due diligence, investment market research, portfolio monitoring and investment performance measurement.

In The News
State bill calls for taxing wealthy private colleges with endowments over $1B

A group of local college students, along with a handful of Massachusetts lawmakers, are advocating to tax nearly a dozen elite Massachusetts colleges and universities, whose multibillion-dollar endowments they say should fund early and higher education opportunities for students beyond these campuses.