Foundation’s bylaws require the services be put out to bid every five years.
Foundation added venture capital, private credit and hedge fund commitments to its endowment earlier this month.
Investors need more education or policy frameworks to implement this approach, according to the firm.
An investment manager has hired a portfolio manager from a major endowment to serve as v.p. of manager research.
A foundation based in New England has hired a head of investments.
Plan added a multi-asset strategy because of its long-term track record and two small-cap equity strategies to replace existing funds due to outperformance prospects.
A university based in the Midwest has named the co-founder of an alternatives manager as its new board of trustees chairman.
Search is for an investment advisor or outsourced cio to modernize the organization’s investment approach.
Domestic small-cap value equity manager was added to watch due to recent changes to the management structure of the strategy.
A university in the Midwest is looking to increase its investments with diverse-owned managers and ESG strategies.