Announcements
A university has dropped plans to acquire and manage the operations of nine hospitals and healthcare facilities in the Louisville, Ky. area, according to an announcement.
A Boston-based hedge fund manager has closed its doors, citing recent redemptions and market conditions, at least one former client confirmed.
A Utah-based fund recently hired an investment analyst to assist in the oversight and management of its investments following a search from earlier this year.
The Oklahoma State University Foundation has approved the formation of Multilateral Endowment Management Company (MEMCO), a nonprofit investment management company responsible for providing advisory services to the foundation, affiliated nonprofits and other philanthropic organizations, Foundation CIO Ryan Tidwell said, in an e-mail.
CBIZ Inc. acquired “substantially all the assets” of investment consulting firm Gavion on July 1, CBIZ Director of Corporate Relations Lori Novickis confirmed.
