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.
A university in New England made venture capital and private infrastructure commitments as part of its initiative to commit to positive impact funds related to climate change over the next five years.