A foundation based in the Midwest expects to make additional program-related investments later this year after approving a loan for a pharmaceutical and health services startup at its May board of directors meeting.
An outsourced cio has been acquired by Focus Financial Partners and will become part of Focus partner firm The Colony Group, according to an announcement.
A city in the South has issued an RFP seeking an investment consultant for its endowment fund, which is expected to grow to more than $200 million later this year.
A university foundation in the South selected a new discretionary investment advisor to oversee its endowment at an investment committee meeting last week.