News

Extensive and timely coverage of the institutional industry.

In The News
Winning a Fossil Fuel Divestment Pledge Is Hard. Keeping It Is Harder.

Nearly a decade after promising to withdraw millions in fossil fuel investments, the University of Massachusetts has stalled on its clean energy transition. What happened?

11.06.25
Private Equity
State Street Makes Minority Investment In Coller

The firm made a strategic minority investment in private market secondaries manager Coller Capital as it looks to expand into private markets.

11.05.25
Asset Study/Review
Southern University Foundation Revises Joint Investment Policy Statement

The foundation revised the joint investment policy statement for its more than $1 billion portfolio in August, lowering the target allocation ranges for domestic small-cap equity and other diversifying alternatives strategies.

11.05.25
Surveys/Studies
Large University Endowment FY25 Returns Driven By AI, Digital Assets

Artificial intelligence investments and digital assets are driving outperformance for large university endowments, which reported fiscal year 2025 returns around 11% or 12% on average.

11.05.25
Venture Capital
Great Plains Fund Adds Venture Commitment

The commitment to an existing investment manager was made as the fund is underweight its strategic target to the asset class.

11.05.25
People Moves
West Coast Foundation Concludes Search For Investment Ops Director

The community foundation hired a director of investment operations to develop and implement its investment operations framework in partnership with its general investment consultant.

11.05.25
Large-Cap
Western Board Adds Adds Large-Cap Value Mgr. To Watch

The firm placed its investment in a domestic-large cap fund on watch in the third quarter due to performance concerns, while also removing two funds from watch status.

11.05.25
Multi-Asset/Investment Advisor
Texans Approve Creation Of State Technical College System Endowment

Citizens approved a constitutional amendment to create two funds in the state treasury to support land acquisition, infrastructure and equipment related to educational programs offered by the Texas State Technical College System during the Nov. 4 state elections.

11.05.25
Fixed-Income
Global Alternatives Firm Acquiring Systematic Fixed-Income Manager

The credit group of a global alternatives manager is acquiring the entire outstanding share capital of a systematic fixed-income manager in a deal expected to close in the first quarter.

11.05.25
Credit/Private Debt
Energy Asset Manager Holds Initial Close For Flagship Fund

The firm recently held the initial close of its flagship fund as it looks to complete its $500 million fundraise for the strategy in 2026.

11.05.25