News

Extensive and timely coverage of the institutional industry.

Industry News
Spouting Rock Acquires Stewart Asset Mgmt.

Multi-boutique manager platform Spouting Rock Asset Management has agreed to acquire Stewart Asset Management.

12.15.22
Multi-Asset/Investment Advisor
Florida City Hires 2 Investment Managers

The city hired two firms to manage a portfolio made up of cash, enhanced cash and fixed-income in July.

12.15.22
Multi-Asset/Investment Advisor
Southern School District Taps Meeder As Investment Mgr.

The plan hired Meeder Investment Management for its $529 million in funds.

12.15.22
People Moves
Calif. County Plan Adds Investment Officer

The plan’s new investment officer joins from an East Coast pension fund.

12.15.22
Industry News
Investment Consultant Announces New Partners, Principals

Investment consultant NEPC today announced the election of seven new partners and the promotion of eleven new principals across the firm.

12.15.22
Hedge Funds
Northeast Plan Nears L/S Decision; Hires EAFE Manager

The plan will make a decision on its ongoing long/short hedge fund search.

12.15.22
Surveys/Studies
Investment Orgs.’ Appetite For Alternative Data Set To Grow Rapidly: Study

Legal firm’s investment management group found market for alternative data has become mainstream but also has room for growth.

12.15.22
Surveys/Studies
Nonprofit Investors Growing Their Sustainable Portfolios Due To Climate Change Concerns: Report

Many nonprofit investors are increasing their sustainable investment strategies to combat shared concerns related to climate change and carbon emissions, according to a recent report.

12.15.22
Asset Study/Review
Southern School Votes To Join University of Texas System

The university’s board of regents voted to join the system as a member institution last month in part because of its larger applicant pool and access to long-term investment funds.

12.15.22
Industry News
Registered Investment Advisor Acquires Another Firm

The firm has acquired another investment advisor to grow its client base throughout the Southeastern region.

12.15.22