Daily Feed
City has rehired incumbent firm to oversee its operating and capital funds.
The plan rehired the firm for investment/custodial services on a three-year contract this week.
Plan’s first non-core real estate commitment came at a special meeting on Monday.
Demand for outsourced data services among investment managers is growing as the sophistication of available data sources and the wide range of datasets continues to increase, according to a recent report.
Institution is evaluating portable alpha and late-stage private investments for its endowment to add alpha to bolster returns.
Hire has been self-employed as an impact investing consultant since leaving his most recent role as director of research and consulting at nonprofit impact investor Pacific Community Ventures.
Three new investments were added to the foundation’s endowment as part of its gender and racial equity lens initiative to invest 25% of its portfolio with firms majority-owned by women and/or people of color.
A foundation based in a Western state has added a bitcoin and a VC investment.
A university based in New England added private equity and hedge fund strategies to its endowment in the first quarter.
Director of compliance and reporting will assist in university’s regulatory reporting and documentation.