News

Extensive and timely coverage of the institutional industry.

Hedge Funds
West Coast Pension Terminates Hedge Fund Manager

The retirement system fully redeemed its investment in the manager due to underperformance.

02.12.26
Small- to Mid-Cap
Southeast Pension Concludes Smid-Cap Equity Search

The retirement system hired a firm this week after interviewing three finalists.

02.12.26
Real Estate
Calif. Pension To Consider Core RE Mgr. Redemption

The pension fund’s investment consultant has downgraded the manager amid management changes.

02.12.26
Consultant/OCIO/Discretionary
Investment Advisor Merging With Wealth Manager

An investment advisory firm serving several nonprofit clients has agreed to merge with a wealth management firm.

02.12.26
People Moves
Investment Manager Adds Senior Advisors

The specialized investment manager has added the former chief investment strategist at two of the top 15 global asset owners as a senior advisor to support investment and portfolio construction efforts.

02.12.26
Alternatives
Northeast University Adds 16 Strategies In FY 2025

The university added private equity, real estate, opportunistic credit and private energy strategies with new and existing managers within its endowment in fiscal year 2025.

02.12.26
International / Global / Emerging Markets
Northeast Institution Swaps Emerging Markets Equity Mgrs.

The institution replaced its emerging markets equity manager last year due to a decline in assets and personnel turnover after considering six other firms.

02.12.26
People Moves
Southern University Foundation Seeks Investment Staffer

The foundation is searching for a junior or mid-level investment staffer to join its generalist team and assist with investment manager research across public and private markets.

02.12.26
Surveys/Studies
Endowments Post Double Digit Gains For 3rd Consecutive Year, This Time Led By Largest Endowments: Study

Latest annual study of endowments found College and universities once again experienced double digit gains in fiscal year 2025, with largest institutions outperforming their peers after two consecutive years of outperformance by smaller institutions.

02.12.26
Consultant/OCIO/Discretionary
Calif. Association Slates Real Estate Consultant RFP

The retirement association will issue a real estate consultant RFP this quarter due to the upcoming contract expiration of its incumbent.

02.11.26