The plan will conduct searches in several fixed-income and credit sectors following a portfolio restructure stemming from an overall asset/liability study.
US college endowments are rebounding from their worst returns since the Great Recession, but increased costs to pay for buildings, salaries and financial aid are cutting into those gains.
The social enterprise organization has launched a $50 million impact vehicle to revitalize urban areas that has garnered investments from several prominent foundations.
The agency has issued an RFP seeking a financial advisor to help facilitate the issuance of bonds and other obligations and advise on their investment.