Asset Study/Review
Plan decided not to fund the mandate due to the ongoing Russia-Ukraine war.
The institution will consider increasing its target to private equity through the reduction of its allocation to hedge funds as it looks to increase its return.
The plan increased its private equity and fixed-income allocations at today’s board meeting.
A state fund in the West is starting to divestment its endowment of Russian currency and debt.
The new investor responsibility framework was developed to guide the company’s investment approach and align with broader sustainability and social responsibility objectives of its founding institution.
The plan will conduct an active domestic mid-cap value equity manager search as part of the second phase of its equity structure review.
The new liquid multi-sector manager will handle a roughly $375 million mandate for the plan.
The Southern university system approved creating a $300 million endowment to help undergraduate students pay for college with funding coming from investment returns generated by university financial officers.
A university and its foundation based in the Rocky Mountains are exiting their small investments in Russian companies in an action to send a message that it stands in solidarity with the people of Ukraine following its invasion last week.
A university in the South made changes to the target asset allocations for its endowment and non-endowed portfolios at its Feb. 24 committee meeting.
