Daily Feed
Historically Black colleges and universities have had to operate without the support and resources made available to their peers traditionally, yet they have persisted in fostering their students and communities.
The institutions are facing new and increased pressure to leverage their endowment investments to ensure continued independence and long-term sustainability, something that is proving to be difficult as HBCU investment returns have lagged their non-HBCU peers for the past three years due to smaller allocations to alternatives and significantly fewer investment management resources, among other factors.
An investment consultant has made two managing principals as employee shareholders.
The director of investments will help oversee and manage the university’s endowment.
The health system has added a director of pension and investments to help manage its portfolio after nearly a decade at a nearby university.
The approved venture capital commitments to two new investment managers within its portfolio at its February board meeting as it finds artificial intelligence is creating opportunities for the next wave of innovations.
The state disability savings plan selected its incumbent program manager and record keeper to continue to provide the services following a search launched last year.
The global investment firm has hired a managing director to oversee a newly combined investment and client solutions group.
The retirement system made a change in fixed-income managers in the fourth quarter following a recommendation from its consultant.
The school has hired an outsourced cio to oversee and manage its portfolio as well as handle portfolio construction, asset allocation, manager due diligence and risk management following a search.
The federal regulatory body has appointed a new director for its division of investment management following a departure.