Daily Feed
2023 was supposed to be a down year for foundations and endowments with a potentially recessionary environment, however, equity and bond returns came out in the green, thanks in part to strong fourth quarters, leaving investors and allocators with a more optimistic outlook for their portfolios entering 2024.
The retirement system concluded its consultant search after relaunching it in September.
The plan selected two firms in its infrastructure manager search.
The plan received three responses to a passive equity manager RFP issued in August.
He will work within the firm’s portfolio strategy and optimization group.
The city is searching for a firm to provide services for its $200 million portfolio.
The city is seeking the services for its approximately $70 million portfolio.
A new report finds finds that investors are actively seeking opportunities in areas like power generation and decarbonization, but few climate financing requirements have been met.
The university is still searching for sustainability-focused investments after reaching its initial socially responsible investment goal created five years ago.
The alternative credit manager has closed its second collateralized fund obligation, which will invest in U.S. senior lending, junior capital and equity co-investments, just below $200 million.
