A university based in the Midwest has adjusted the target asset allocation of one of its pools to a more conservative approach at its board meeting last month.
A foundation based in a Southern state elected new board of trustees members, including investment professionals, and assigned current members to leadership positions effective July 1.
Prominent institutional investors have committed capital to a newly formed venture capital fund-of-funds designed to back emerging managers raising their first fund or scale from a previous angel investment vehicle to build an ongoing firm.