Foundations continue to be the leaders of the institutional investment space when it comes to investing with diverse- and women-owned firms as 30 of the top 55 largest foundations collectively invest more than $11 billion with diverse-owned managers, yet work remains as 14 elected not to disclose any data including diversity statistics, according to a study.
A system based in the West is expected to receive a staff recommendation to transition the management of its endowment to a single outsourced cio provider this week.
Search consultants saw a slight increase in discretionary and non-discretionary advisory search activity in 2020 and more than half expect their searches to increase over the next year with nonprofits expected to be the top segment driving growth.
A fund in the South revised the target asset allocation for its portfolio in April, increasing its targets to infrastructure at the expense of energy investments.
A university in the South is searching for an investment analyst to join its private investments team and be involved in all aspects of the investment process.
Harvard University’s commitment to end indirect legacy investments in fossil fuels captured attention all over the world. Now higher education officials and climate activists are contemplating what the decision might mean for them.