A Texas-based fund hired an investment consultant to oversee and advise its prepaid tuition, college savings and Achieving a Better Life Experience programs last quarter.
Aegon Real Assets US announced the closing of a $151 million national low-income housing tax credit (LIHTC) fund sponsored by Aegon RA, a member company of Aegon Asset Management, the global group of asset managers affiliated with Netherlands-based Aegon N.V.
Foundations continue to shy away from alternative asset classes and have reduced spending in light of lower expected returns, according to a recent study from an investment consulting firm.