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A proposed tax increase on endowment returns making its way through Congress provides an opportunity for endowments to stress test their portfolios, according to an investment consultant.
The Southern-based private equity and infrastructure manager has hired a partner to help shape its strategy and enhance client solutions.
The Southern-based investment consultant has named an existing employee as its president to lead the firm, while serving as a voting member of its investment working group that directs its asset allocation and research work.
The university added two managers from its endowment to its watchlist in the second half of 2024 due to staff changes.
The firm has appointed the former senior managing director and global head of ESG at Blackstone as a senior operating advisor to help guide investment decisions, governance and impact reporting.
The university announced it will no longer be investing in separately managed accounts as it plans to divest from four U.S. defense companies that have contracts with the Israeli military.
The university approved fully redeeming a large-cap equity fund and reinvesting the proceeds with its other actively managed global large-cap equity strategy.
The fund’s previous deputy cio departed last year to join a retirement system.
The global venture capital firm has opened its first European office and appointed a partner.
The firm’s hire follows an RFP process initiated due to the impending contract expiration of the university’s incumbent provider.