News

Extensive and timely coverage of the institutional industry.

People Moves
Investment & Wealth Mgmt. Firm Announces CEO Succession Plans

The firm’s president and ceo will retire at the end of August 2023 and be succeeded by the firm’s director of investments.

11.10.22
ESG
Midwest College Divests From Indirect Fossil Fuel Investments

The college is divesting from indirect investments in companies that support fossil fuel development as part of its goal to achieve campus-wide carbon neutrality by 2025.

11.10.22
People Moves
Mid-Atlantic Outsourced CIO Hires Non-U.S. Equity Head

The discretionary provider hired a managing director and head of non-U.S. equity to direct its international equity investments and co-lead its public equities team.

11.10.22
ESG
Canadian Institution Achieves Fossil Fuel Divestment, Sets New Carbon Footprint Reduction Target

The university has divested its endowment from direct investments in fossil fuel companies and has set a more ambitious target for reducing its carbon footprint after reaching its initial target almost a decade ahead of schedule.

11.10.22
People Moves
Texas Wealth Management Team Joins Global Financial Advisory Firm

A wealth advisory team in the Houston area has joined a global financial advisory firm.

11.10.22
MRI/Social Investments
Midwest Nonprofit Launches Private Markets ESG Fund; Adds DEI Investment Policy

The organization launched a private market ESG fund that aligns with its environmentalist mission with an initial allocation of $19 million.

11.10.22
People Moves
Southern University Hires First CIO

The university hired its first cio to manage its investment office and oversee three separate portfolios following a search from earlier this year due to the increasing size and complexity of its endowment.

11.10.22
People Moves
Midwest 529 Plan Names Director Of Investments

The college savings plan named a director of investments following the departure of its cio.

11.10.22
Consultant/OCIO/Discretionary
Southern Healthcare System Postpones Finalist Interviews

The system has postponed finalist interviews in its search for consultants to oversee its portfolio due to Tropical Storm Nicole, which is expected to strike the state this evening.

11.10.22
Small-Cap
Southern Trust Fund Adds U.S. Small-Cap Mgr. To Watch; Renews Consultant Contract

The fund added the domestic small-cap equity manager to its watchlist this summer due to underperformance and will review the firm next year.

11.10.22