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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.
The plan launched a real estate senior investment officer search and announced the promotion of a principal investment officer today.
The plan has restructured its core fixed-income portfolio as a result of the search.
Search is due to plan’s rotating schedule for bidding out vendor services.
The plan recently committed to a new fixed-income manager and terminated its investment in a convertible bonds strategy.
Private asset managers must position themselves with an eye toward the continued growth and development of digital assets, according to a new study from Northern Trust.
The firm will cease investment operations on June 30.
