A university based in New England approved new allocation targets for two of its portfolios.
The foundation is looking to add more private equity, real assets, special situation and impact-focused investments this year.
The firm hired a v.p. to provide consulting services to nonprofits and other investors.
A new survey showed that many nonprofit investors expect to increase their allocations to alternative assets this year for diversification benefits and to increase portfolio performance.
The institution hired two domestic small-cap equity managers and added two venture capital commitments with existing managers at a meeting late last week.
The foundation is searching for a director of investments to help oversee its portfolio and develop and improve its diversity, equity and inclusion investment strategies.
The foundation has selected a firm to provide non-discretionary investment consultant services for its portfolio following an RFI process launched in the second quarter.
The university has issued an RFP seeking specialized services related to reporting and communication of climate-related disclosures for its endowment and operating pools for an inaugural report.
The fund made an undisclosed commitment to an impact fund focused on Black- or Latinx-owned entrepreneurs and businesses in the St. Louis-area.
The firm has named a co-cio and head of institutional services as its ceo and president, respectively, as its president and ceo is set to retire at the end of the year and become board chair.