The firm, which serves family offices, has hired a former director of investments at a Midwestern university to source and provide due diligence on prospective investment managers.
The foundation is looking to add new commitments to private equity and build out the program alongside its outsourced cio over time.
The university’s previous finance head left to join a hospital.
Two HBCUs have committed to an early-stage venture capital strategy targeting the fintech, healthcare, education and workforce development sectors.
The college is one of several institutional investors to commit to the latest venture capital fund from a Berlin-based manager.
The university’s previous finance head retired after working at the institution for more than 30 years.
The alternative asset manager closed its third digital infrastructure fund targeting ownership and development of data center or other real assets at its hard-cap.
A proposed tax increase on endowment returns making its way through Congress provides an opportunity for endowments to stress test their portfolios, according to an investment consultant.
The Southern-based private equity and infrastructure manager has hired a partner to help shape its strategy and enhance client solutions.
The Southern-based investment consultant has named an existing employee as its president to lead the firm, while serving as a voting member of its investment working group that directs its asset allocation and research work.