Trends
Q1 2026: EM Equities Provide Opportunity Despite Geopolitics, Short-Term Headwinds

Emerging markets equities have increasingly ignited interest for institutional investors in recent months and while commitments slowed in March due in part to geopolitical issues and what the industry views as short-term volatility, these investments remain beneficial to portfolios.

05.05.26
Fixed-Income
Southeast F&P Pension Adds Fixed-Income Manager

The retirement system added a second manager to its fixed-income portfolio last month.

05.05.26
Private Equity
THL Partners Raises 10th Fund

The firm has closed THL Equity Fund X with $6.35 billion in investable capital.

05.05.26
Consultant/OCIO/Discretionary
Midwest Transportation Corp. Retains Consultant

The pension trust first hired the firm as its new consultant in 2019.

05.05.26
Domestic Equity
New England Plan Axes Equity, Fixed-Income Mgr.

The pension fund also trimmed an underperforming manager’s mandate by 30%.

05.05.26
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People Moves
NLYIM Appoints Fixed-Income Head

Lisa Hornby spent the past 16 years at Schroders, where she served as head of U.S. fixed- income until her departure yesterday.

05.05.26
Alternatives
Southern Plan Makes Private Markets Commitments

The commitments include two new relationships for the plan.

05.05.26
In The News
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
President’s Annual “State of the University” Letter 2026: From Growth to Focus

Princeton needs to transition from growth to focus because long-term rates of return are steadily declining across university endowments. This decline has been hard to see because returns have been volatile. In other words, returns have not been a steady 8 percent or 10 percent; instead, they have been all over the map.

Princeton University
Utah endowment’s OCIO contract raises conflict of interest concerns

Cynosure Capital Management, its new outsourced chief investment officer, is founded by members of one of the state’s richest families.

Pitchbook
Commonfund Releases 2025 HEPI Report

Data from the annual Higher Education Price Index® (HEPI) show that inflation for U.S. colleges and universities rose 3.6 percent in fiscal year 2025, surpassing the 3.4 percent inflation reported in fiscal year 2024.

Commonfund
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