The university has issued an RFP seeking investment consulting services for its endowment and operating and reserve funds to review services that may be helpful in achieving its investment goals.
The foundation made its first-ever mission-related investment with an equity investment in a small business investment company that provides growth equity to minority- and women-owned businesses in the region.
The foundation made a commitment to a local venture fund that aims to boost businesses owned by people of color in the region.
The foundation recently hired an investment director from a nearby retirement system to help oversee its investment portfolio.
The private wealth management firm has hired a v.p. and investment officer to work with clients to develop, implement and oversee customized investment and wealth planning solutions.
The foundation has issued an RFP seeking investment advisory and management services for its endowed and non-endowed funds.
The discretionary firm added an investment director to handle due diligence and ongoing monitoring of current and prospective investment managers earlier this month.
The consultant laid out initial steps for organizations to improve their diversity after its survey showed that a majority of respondents find diversity, equity and inclusion efforts are making their organizations more effective.
The institution added private equity and event-driven hedge fund strategies within its endowment in the first and second quarters, while also fully redeeming from a hedge fund manager.
The university is searching for investment analysts to join its investment team and help oversee and manage its endowment.