A fund in the West approved new long-term policy benchmark targets for its portfolio that established symmetrical minimum and maximum ranges around the long-term allocation.
Asset allocation is integral to the success of any investment portfolio and it is among the most important decisions an investor will make. In this discussion, NEPC lifts the curtain to offer a behind-the-scenes glimpse of the issues and themes at the forefront of the meetings of its Asset Allocation Team.
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.