Multi-Asset/Investment Advisor
The foundation hired a new firm over its incumbent advisor to provide investment advisory and management services for its endowment and fiduciary fund following a search.
The district received two proposals in response to an RFP issued in April.
Citizens approved a constitutional amendment to create two funds in the state treasury to support land acquisition, infrastructure and equipment related to educational programs offered by the Texas State Technical College System during the Nov. 4 state elections.
The community foundation merged its long-term, mid-term and socially responsible investment pools this summer to reduce fees, improve performance and strengthen social impact.
The district’s current portfolio totals $55 million in active and interim deposits.
The plan hired a new investment manager for its pension fund in September.
The city is considering an external municipal advisor to handle its $160 million portfolio.
The plan voted to retain its incumbent investment advisor at a meeting last month.
The university was awarded a $63 million unrestricted gift from the philanthropist giving the institution the freedom to invest strategically in areas that align with its mission.
The district launched a similar RFQ for services in 2023.