5 Questions
5 Questions With Penn. Muni CEO & CIO Timothy Reese

Timothy Reese has served as ceo and cio of the $3.9 billion Pennsylvania Municipal Retirement System since 2020.

03.16.26
Non-U.S. & Global Fixed-Income
Taiwan Fund Seeking Passive Bond Managers

The fund is looking to hire four global passive fixed-income managers.

03.16.26
Fixed-Income
Midwest State Plan To Re-Underwrite Investment Grade Bond Portfolio

The investment board also hired a new international growth equity manager.

03.16.26
People Moves
Fortress Investment Group Appoints Chief Strategist

The new role will “enhance provision” of investment strategy perspectives for LPs and provide strategic advice to the firm’s investment personnel.

03.16.26
Hedge Funds
Wisconsin Discloses Commitments

The pension plan also adopted a new asset allocation policy for its $141.8 billion Core Trust Fund last month.

03.16.26
FIN Searches combines our in-depth coverage with a directory component.
FINsearches is the most powerful and complete sales and marketing tool available for the institutional asset management industry for defined benefit plans, nonprofits and consultants.
Multi-Asset/Investment Advisor
West Coast District Seeking Investment Manager

The district is seeking the services for its approximately $77 million portfolio.

03.16.26
Domestic Equity
Florida Pension Terminates Two Equity Managers

The plan moved more than $70 million into passive strategies at its February meeting.

03.16.26
In The News
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
Yale expects layoffs as leaders brace for $300M in endowment taxes

The Ivy League institution’s tax bill starting next year will be higher than what it spends on student aid, university officials said.

Higher Ed Dive
ABOUT FIN | NEWS

Extensive and timely coverage of the defined benefit space

Learn More
Financial Investment News is an award winning news source for the asset management community, providing knowledge, resources and intelligence tools that power institutional asset management sales leads.