The endowment wrapped up its domestic large-cap growth index fund manager search at its board meeting last month by selecting a new firm to handle the mandate.
The foundation has established a target allocation for impact investments after deliberating on the subject since last year, when it invested in an impact fund.
Mercer has reached an agreement to acquire Vanguard Institutional Advisory Services’ outsourced cio business, including its more than 1000 clients and 120 team members in the first quarter.