News
Extensive and timely coverage of the institutional industry.
New rule allows plan fiduciaries to consider climate change and other environmental, social and governance factors.
The institution approved a new passive equity index investment with a diverse manager this summer as part of its commitment to promote diversity, equity and inclusion internally and through its selection of investment managers.
Firm closed Raven Asset-Based Credit Fund II at $834 million.
The trust company is looking to commit $150 million to $625 million annually to alternative assets, including alternative fixed-income, hedged equity and private debt, within its endowment.
The university approved adding a new portable alpha portfolio in one of its main portfolios after first reviewing the consideration in September.
The pension board approved a private real estate commitment last month.
The plan committed to two managers following closed session discussions.
The acquisition increases Westwood’s total assets under management by 33% to $16.3 billion.
The plan’s investment consultant will continue to monitor the strategy’s short- and long-term performance.
The 529 plan hired a new executive director from a nearby university following a search from this summer as its previous head left to join a Western university as deputy cio.