Callodine Group (“Callodine”), an asset management firm focused on yield-oriented investment strategies, today announced that it has entered into a definitive agreement to acquire the loan portfolio and assume the employees and operating costs of Gordon Brothers Finance Company, LLC (“GBFC”).
All but one of the eight Ivy League endowments underperformed a 60/40 portfolio of U.S. domestic stocks and bonds in the 2020 fiscal year for the second consecutive year, according to recent research.
A foundation affiliated with a university in a Southern state is reviewing its equity manager roster as it looks to shift its public equity portfolio toward domestic assets and away from international developed and emerging markets.
A university system in the South approved terminating a domestic equity manager and adding domestic and global equity investments and private equity commitments at its investment committee meeting this week.
Impact investments across asset classes have generated strong realized returns over time, helping investors meet their impact performance and financial return expectations, according to a survey.