The endowment’s president and ceo is stepping down form the role to focus on personal priorities and the organization has named its recently appointed v.p. of programs and grants as the interim ceo.
The peer-learning network has launched a Responsible Tech & AI Initiative to engage endowments, foundations and financial service firms around various risks related to their investments in technology and artificial intelligence.
The program recently selected a new investment consultant for its 529 and ABLE savings programs to conclude a search process from the beginning of the year.
The firm has named a new head of ETF capital markets to support the growth and efficient trading of its exchange-traded funds.
The firm has hired a head of client engagement to strengthen relationships and drive client satisfaction and retention as well as enhance the client experience.
The university approved new investment policies with revised asset allocations for its endowment, retirement plan and working capital pools that includes removing the absolute return asset class.
The college will receive a real estate portfolio to be directed to its endowment campaign to grow the portfolio to $1 billion.
A senior partner at a private investment firm has joined the board of trustees of a nearby foundation and will help create social impact through financial projects.
President Donald Trump signed into law a bill amending the current 1.4% excise tax on the net investment income of higher education institutions with a tiered system based on institutions’ student-adjusted endowment.
The firm has appointed a new head of responsible investment to lead cross-functional responsible investment initiatives and work closely with clients, regulators and industry organizations.