Investing with a social impact lens often leads to creative ways for nonprofits to find investment opportunities and fulfil mission-related objectives, according to a recent conference in Philadelphia.
The university added private equity and private credit commitments within its endowment in the first quarter.
The university has placed a global equity manager on ‘hold’ due to portfolio manager departures and another global equity manager on ‘watch’ due to performance concerns.
The third-party administrator has hired a head of core retirement and a v.p. and national sales leader to help manage its retirement plan business.
The colleges retained its discretionary investment advisor for its final contract extension at a May board meeting.
The college has appointed a director as its next senior v.p. and cio to oversee its endowment and lead its investment management office.
Brendon Reay serves as managing director of investments at the Bush Foundation, leading management of the Minneapolis-based foundation’s approximately $1.5 billion endowment. Reay took the time to answer five questions with FIN News.
The university is searching for a director of investments with private markets experience to join its generalist investment team.
The university is reviewing its discretionary investment consultant relationship and investment strategy as part of its standard due diligence practices.
A state trust fund is considering a recommendation from its consultant to diversify its public credit portfolio in one of its funds.