The college savings program expects to launch a search for consultants to assist with evaluating faith-based or values-aligned investment options within its portfolios.
The university added new private equity and venture capital managers within its endowment earlier this year on the heels of new commitments to existing managers.
A wealth and investment advisory firm has agreed to acquire a Philadelphia-based RIA to expand its presence in the region.
A religiously affiliated foundation based in the Midwest has promoted an associate to a director-level position leading investment management.
The trust fund’s general investment consultant recommended the expansion to diversify its public credit portfolio into other credit instruments from exclusively bank loans.
The foundation added a new passive large-cap equity fund to replace two active large-cap strategies within its portfolio to diversify traditional momentum strategies and reduce fees.
The university recently rehired its incumbent investment manager to oversee its operating fund portfolios, extending its contract with the firm through July 2029.
The university is searching for two investment analysts to primarily help with monitoring and due diligence of managers across its public equity, private equity and venture capital assets as well as its credit, hedge fund and real assets portfolios.
The university recently added four new members to its board of trustees, including two investment-related professionals, while also reelecting five board members, four of which are in the investment field.
The economic development agency is looking to engage a firm to review its venture programs and possibly provide ongoing investment advisory services.