People Moves
Mid-Atlantic Foundation Names MD As CIO

The foundation has promoted its managing director and interim cio as its permanent cio after its cio left the role in May.

08.26.26
People Moves
Outsourced CIO Adds Client Service Associate

The discretionary advisor has hired a client services associate to support client relationships and portfolio communication across its approximately $3 billion in client assets.

08.26.26
Large-Cap
New England Pension Names Large-Cap Equity Finalists

The plan also retained two incumbent managers in its large-cap search.

08.25.26
Industry News
West Coast Pension Taps Search Firm For CIO Recruitment

The plan’s former cio had served in the role since 2012.

08.25.26
Passive Fixed-Income
Northeast Pension Issues Passive Fixed-Income RFPs

The pension fund has issued a pair of passive core and high-yield fixed-income manager RFPs.

08.25.26
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Multi-Asset/Investment Advisor
Pacific Northwest Program Seeking Admin., Investment Mgmt. Services

The program, which will fully launch next year, has begun a search for administration and investment management services.

08.25.26
Non-U.S. & Global Equity
Colo. Water Pension Adds Int’l Equity Manager

The plan also made a private equity commitment in June.

08.25.26
In The News
The Struggling Colleges Raiding Their Endowments to Pay the Bills

It’s the last resort for institutions on the brink: tapping restricted funds from donors to keep the lights on. ‘The money they donated is not being used for what they gave it for.’

Wall Street Journal
University Endowments Are About to Strike It Big on the SpaceX IPO

SpaceX is among the most widely held investments across colleges and universities, endowment executives say, likely making the rocket company’s coming IPO one of the great windfalls for American endowments.

Wall Street Journal
Princeton spared from endowment tax, PRINCO executive says, saving hundreds of millions

Princeton will not have to pay any net investment income tax on returns from its $36.4 billion endowment, a University investment official said at a private event in January, after a recent expansion of its undergraduate financial aid program left the University below a 3,000 tuition-paying student threshold to qualify for taxation.

Daily Princetonian
Yale Endowment, Managing $44 Billion, Eyes Korean Stocks Amid 'Value-Up' Push

Officials from Yale University’s endowment, which manages over 65 trillion won ($44 billion) in assets, are set to visit Korea to discuss investments with domestic asset managers. As expectations for a re-rating of Korean equities grow on the back of the government’s corporate value-up initiative and expanding shareholder returns, even global university endowments are now scouting investment opportunities in the country.

Seoul Economic Daily
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