The fund has added fixed-income, bank loan, international equity and private equity investments to its endowment in recent months as it builds toward a new strategic asset allocation adopted in the first quarter.
The new actively managed high yield bond exchange-traded fund aims to maximize current income with a secondary goal of capital appreciation and the strategy will invest at least 80% of its net assets in U.S.-dollar-denominated high-yield corporate bonds.
The foundation is searching for eight investment-related positions, including managing directors of investments, directors of investments and senior portfolio managers, as part of the build out of its investment team.
The fund is seeking a new international small-cap equity manager after approving a new international equity structure at its board meeting in the first quarter.
The co-founder and co-executive chair of a leading global alternative manager is donating a substantial gift to a college preparatory boarding and day school – the largest single gift ever made to the institution.
The endowment has launched its search for its next president and ceo after its previous head left the institution following nearly two years of service.
The firm has hired a head of registered investment advisor distribution to lead business strategy, distribution and product development efforts within its RIA channel.
The institution has issued an RFP seeking a firm to provide investment advisory services for its endowment, including providing strategic advice on asset allocation and conducting manager searches and selections.
The health system recently hired a new cio and added three new members to its investment team in March and April, all of which previously worked alongside the investment head at a university endowment.
The firm has launched its flagship private equity decarbonization program for investors that aspire to reduce the carbon footprint of their portfolio and contribute toward achieving net-zero targets.