The organization is looking to establish a trust fund and has issued an RFP seeking an investment advisor to oversee the fund.
The university is looking to hire for three roles as it looks to build an in-house investment team tasked with overseeing its endowment.
The manager has expanded its ownership with two new shareholders, who will share in in decision-making control at the firm.
The foundation has elected the chair and ceo of an employee-owned investment manager to a six-year term on its board of trustees.
The funds have delayed the announcement of finalists in their search for investment managers by three weeks due to the considerable number of proposals received.
The college promoted an alumna and long-time employee as its new cfo as its previous finance head retired at the end of the second quarter.
While the upsets, buzzer beaters and Cinderella stories will take place on the hardwood, Nonprofit News examined how each team stacks up off the court from an endowment perspective.
The fund has decided to terminate its contracts with an international equity and emerging markets equity manager that handles approximately $8.5 billion to comply with state law barring it from investing in financial companies that boycott energy companies.
The foundation is seeking an investment analyst to focus on global equities and another analyst to handle hedge funds and fixed-income for its endowment.
The foundation has appointed a new investment committee comprised of all females, which is “believed to be the first such investment committee at an organization of its size and scope.”