An education system in the South approved commitments to a new hedge fund manager and an existing real estate firm within its endowment at its December board meeting.
A foundation in New England decided not to fill its cio position and instead rely on its investment committee and current investment advisors to oversee its endowment following a search from late 2020.
A university foundation in the Southwest selected a new investment consultant to oversee its endowment late in the fourth quarter based on its recommendation to increase exposure to alternative investments, to which the firm has “better access.”
A museum in the Northeast retained the incumbent investment advisor for its endowment because of the firm’s experience, services offered and fee structure following a search from last year.
A social impact investment fund designed to support minority depository institutions and community development financial institutions has issued an RFP seeking firms to help manage the vehicle with a focus on minority- and women-owned fund management firms.
A university in the South has named its interim cio as its permanent cio following a search for the position due to the retirement of its investment head.