The fund approved one-year contract extensions for its general investment consultant and alternatives specialist consultant through 2024 at its board meeting earlier this month.
March madness is in full effect as the NCAA Men’s Basketball Tournament began this week with 68 teams from across the country competing for the national championship with the winners slated to cut down the nets in Houston on April 3. While the upsets, buzzer beaters and Cinderella stories will take place on the hardwood, Nonprofit News examined how each of the teams stack up off the court from an endowment perspective.
The institution is seeking investors with experience investing in smaller listed companies in the U.K. and Europe as it finds the opportunity set interesting.
The fund is reviewing its relationship with a firm that handles private energy, international equity and emerging markets mandates after the state comptroller directed entities to divest their existing holdings from financial companies that boycott energy companies.
The National Association of College and University Business Officers has reentered a partnership with Commonfund for help in the development and publication of its annual study of college and university endowments.
The fund approved a new asset allocation for its portfolio as well as a private equity commitment to an existing manager relationship at its special board meeting last month.
The firm has entered into an agreement to take an equity stake in a boutique impact investment manager and will provide operational support, marketing and distribution to investment consultants, institutional asset owners and wealth platforms.
The college is searching for a managing director for its private equity portfolio after naming its next cio last month.
The fund decided to stick with its existing investment advisor to handle its portfolio following a search from last summer as part of standard procurement process to put contracts out for bid periodically.
The health system has issued an RFP for an investment consultant for its defined benefit plan and defined contribution plan after rehiring its incumbent in late 2018.