The firm has made a strategic minority investment in an investment advisor that has $6 billion in assets under management and advisement.
The fund wrapped up its search for multi-strategy hedge fund managers with two firms that will supplement and complement its existing hedge fund manager.
The firm has completed its acquisition of a specialist global ESG and impact fixed-income investment manager, adding approximately $1 billion to its total assets under management.
The university promoted its associate v.p. to cfo last month after they had been filling the role on an interim basis since July.
The fund has issued an RFP seeking investment managers to serve as a fiduciary for the funds, develop a balanced investment portfolio of growth and income and advise on asset allocation.
The foundation is searching for a firm to evaluate market risk and develop strategies that minimize the impact on the portfolio, prepare maturity analysis and provide credit analysis of portfolio investments.
Two managers were selected to manage the capital investment vehicle designed to channel private capital to mission-driven banks due to their complementary backgrounds.
As 2022 draws to its close, several colleges – both public and private – are coming to terms with a grim financial future that has caused them either to announce their upcoming closure or warn that they face impending peril.
In a different set of circumstances, Peng Wang might have become a physicist rather than Group Health Foundation’s new chief investment officer.
The recent study continues to see greater participation and transparency among foundations as the nonprofits continued to increase investing with diverse-owned firms.