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The fund will consider consolidating its public credit portfolio into a passive U.S. aggregate bond index to improve operational efficiency, reduce fees and reduce active risk at its board meeting this month.
The firm has expanded its platform to the Middle East with the appointment of a managing director and head of middle east distribution.
The university will consider commitments to climate solutions and venture capital strategies within its long-term portfolio at its board meeting this month.
The organization is looking to establish a trust fund and has issued an RFP seeking an investment advisor to oversee the fund.
The two Christian-affiliated universities have agreed to merge campuses under one organization, while their endowments will remain separate.
The university is looking to hire for three roles as it looks to build an in-house investment team tasked with overseeing its endowment.
The manager has expanded its ownership with two new shareholders, who will share in in decision-making control at the firm.
The foundation has elected the chair and ceo of an employee-owned investment manager to a six-year term on its board of trustees.
The funds have delayed the announcement of finalists in their search for investment managers by three weeks due to the considerable number of proposals received.
The fund was oversubscribed and closed at its hard cap.