News

Extensive and timely coverage of the institutional industry.

Emerging/Diverse Managers
Midwest Foundation Reaches Diverse Mgr. Goal Ahead Of Schedule

The foundation has surpassed its goal of investing at least 20% of its investment portfolio with firms led by managers of color or women ahead of its 2024 goal.

12.07.22
Venture Capital
Southern Agency Seeks Private Funds For VC Investments Program

The agency has issued an RFP seeking private venture capital funds based in Oklahoma and interested in participating in the state’s venture capital investments program, which is funded by the U.S. Treasury State Small Business Credit Initiative program.

12.07.22
Real Assets
Asset Manager Launches Climate Sustainability Strategy

The firm has launched a new forest sustainability fund to promote climate change mitigation with a $500 million target.

12.07.22
People Moves
Outsourced CIO Names COO

The firm hired a coo to implement its management policies and oversee its operations, while also serving on its investment committee.

12.07.22
People Moves
Midwest University Seeks Finance Director

The university is seeking a director of finance to supervise and maintain quality control for the institution’s operations after hiring a new v.p. of finance and operations last year.

12.07.22
People Moves
Western Foundation Searching For CFO

The foundation is searching for a cfo to lead its accounting and finance functions.

12.07.22
People Moves
Southern Foundation To Search For Next CEO

The foundation’s president and ceo will retire in the first quarter of 2023 and the organization is in the process of selecting an executive recruitment firm to help identify the ceo’s successor.

12.07.22
Venture Capital
Midwest Health System Launches Health Venture Fund

The hospital system has launched a healthcare innovation fund to support healthcare-related startups, technology or service innovations and has already made two commitments of up to $1 million each.

12.07.22
ESG
Mid-Atlantic University Building Clean Energy Investments Portfolio

The university is looking to add more investments that promote the global transition to less carbon-intensive energy sources as part of its net-zero carbon emissions endowment goals.

12.07.22
Searches And Hires
Northwest Fund Discloses Commitments

The plan disclosed $1.1 billion in total commitments with three new managers and ten existing managers in the fiscal first quarter.

12.06.22