The funds have delayed the announcement of finalists in their search for investment managers by three weeks due to the considerable number of proposals received.
While the upsets, buzzer beaters and Cinderella stories will take place on the hardwood, Nonprofit News examined how each team stacks up off the court from an endowment perspective.
The fund has decided to terminate its contracts with an international equity and emerging markets equity manager that handles approximately $8.5 billion to comply with state law barring it from investing in financial companies that boycott energy companies.
The foundation is seeking an investment analyst to focus on global equities and another analyst to handle hedge funds and fixed-income for its endowment.
The foundation has appointed a new investment committee comprised of all females, which is “believed to be the first such investment committee at an organization of its size and scope.”
The healthcare system redeemed domestic large-cap equity and emerging markets equity allocations and reallocated the proceeds with existing equity managers in its portfolio at the recommendation of its general investment consultant in the first quarter.
The university and the investmen¬t arm of a European foundation have both committed to a venture fund focused on climate-related technologies that recently closed.
A return-driven investment platform managed by global private equity real estate firm has completed its inaugural investment in an emerging multifamily real estate firm that targets repositioning assets in primary and secondary markets across the South and Midwest.