As 2022 draws to its close, several colleges – both public and private – are coming to terms with a grim financial future that has caused them either to announce their upcoming closure or warn that they face impending peril.
In a different set of circumstances, Peng Wang might have become a physicist rather than Group Health Foundation’s new chief investment officer.
The recent study continues to see greater participation and transparency among foundations as the nonprofits continued to increase investing with diverse-owned firms.
The firm added two operating partners to work with management and investment teams to build value with its portfolio companies.
The university’s board of regents voted to join the system as a member institution last month in part because of its larger applicant pool and access to long-term investment funds.
The institution promoted its managing director to deputy cio and director of investments to managing director of investments at the start of the fourth quarter.
The university recently elected a new board of trustees chair to guide its educational mission and fiscal policies.
The fund focuses on early-stage start-up companies in the U.S. or Israel.
The fund is looking for multi-family real estate specialist managers as it looks to transition some of its portfolio’s overweight industrial exposure to multi-family real estate.
The institution has appointed a new v.p. for finance and administration ten months after filling the position with a cfo from a mid-Atlantic college.