Two large foundations have provided anchor investments in a new local journalism fund managed by a social impact registered investment advisory firm.
The maiden allocation to real assets as part of broad asset allocation changes.
A newly launched fractional cio firm has hired an associate to assist in research on endowments and foundations and other institutional investors.
The trust has promoted its head of private credit, real estate and natural resources to managing director after losing its cio and deputy cio in recent months.
The foundation added private equity, hedge fund and real estate investments with new managers within its combined investment portfolio in the first three quarters of 2026.
The hospital system has launched a search for an investment advisor to oversee its trust assets and does not currently have an incumbent provider.
The foundation names its first-ever cio to oversee its endowment after its previous investment head left earlier this year to pursue work aligning capital with climate solutions and equitable economies.
A group of nonprofits in the Chicago area have partnered up to commit a total of $114 million as part of an impact investment initiative promoting small businesses and affordable housing in underserved communities in the city.
The healthcare system selected an outsourced cio to oversee its endowment, operating and pension assets following an RFP process from June.
The foundation is looking to add a senior officer with life sciences expertise to help oversee its impact investment fund.