News

Extensive and timely coverage of the institutional industry.

People
Carnegie Corporation Appoints New President

The Carnegie Corporation of New York has named Louise Richardson as its next president, the foundation announced.

11.24.21
Surveys/Studies
Asset Mgrs. Taking Active Role On ESG In Portfolio Companies: Survey

Asset managers are taking a more active role on ESG issues with companies in their portfolios to influence potential outcomes such as greater transparency, improved behaviors and reduced uncertainty and risk, according to a recent survey.

11.24.21
Emerging/Diverse Managers
Prominent Endowments Urged To Report Endowment Diversity

The National Action Network recently sent letters to two higher education institutions asking them to report and break out granular data on the diversity of their collective $40 billion in endowment assets as it looks to tackle the issue of utilization of diverse-owned asset management firms.

11.24.21
ESG
ISCWG Introduces ESG Metrics List

The Investment Consultants Sustainability Working Group has published a list of 12 key ESG-related metrics for all public equity and public credit managers to report on

11.24.21
Private Equity
Southern University Eyes Buyout Commitments In 2022; Approves VC Commitments

A university in the South will place a greater emphasis on buyout commitments in 2022 as its 2021 pacing schedule has largely centered on venture capital commitments.

11.23.21
People
New England College Adds Investment Analyst

A college in New England added an investment analyst to assist in the management of its endowment in the third quarter.

11.23.21
Multi-Asset/Investment Advisor
Investment Advisor To Acquire Wealth Mgmt. Firm

An investment advisor has agreed to acquire a fiduciary wealth management firm with more than $2 billion in assets under management.

11.23.21
Industry News
Southern University Adds Board Members

A university based in a Southern state has added three new members to its board of trustees

11.23.21
Multi-Asset/Investment Advisor
Northeast Research Foundation Adds Target-Date Model Portfolios

A Northeastern research foundation has implemented a custom set of low-cost, target-date model portfolios.

11.23.21
ESG
Asset Management Firm Names Global ESG Head

A global alternative investment manager focused on real estate has appointed a managing director and global head of ESG.

11.23.21