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A global consortium of 22 investors including governments, philanthropies and institutional investors committed to the fundraise.
An education system based in the South approved private equity commitments with a new and existing manager within its endowment at its October board meeting.
Asset managers say nonprofit client demand for such strategies will continue to increase.
New appointees includes investment-related professionals.
A 529 plan based in the West selected a program manager in the third quarter to conclude a search launched earlier in the year.
The senior director of operations and cfo at a Midwestern religious organization will retire at the end of the year.
A university in the South will hear a recommendation from its general investment consultant to make private market commitments with three new and one existing manager within its endowment at its meeting today.
A nonprofit based in the Midwest has launched an impact investment fund targeting local Black- or Latinx-owned entrepreneurs and businesses.
