Fixed-Income
Investment Manager Launches New Fund

The firm has launched a new fund targeting seasoned mortgage-backed securities.

11.29.23
MRI/Social Investments
Midwest Foundation And Asset Managers Deploy Impact Fund

A foundation based in the Midwest and two managers have put more than $1 billion in capital toward global sustainability and development goals.

11.29.23
People Moves
Midwest Foundation Names Chief Impact Officer

The foundation has tabbed its v.p. of community strategies to serve as its first chief impact officer and manage its impact investments.

11.29.23
Emerging/Diverse Managers
West Coast Nonprofit Seeks Emerging Managers, Climate-Solution Investments

The foundation is aiming to allocate at least 5% of its portfolio to emerging managers, while also looking to add climate-solution investments as it looks achieve a net-zero endowment by 2030.

11.29.23
Industry News
Outsourced CIO Releases Open-Source Investment Library

The outsourced cio has released a library of proprietary investment research to the public that was previously available only to clients.

11.29.23
Private Equity
Southern University Adds PE Commitment

The institution approved a commitment from its endowment to a lower middle market buyout strategy with a new manager at the recommendation of its general investment consultant.

11.29.23
Trends
Market Timing Is Wrong Approach To Portfolio Construction For E&Fs, Focus Should Be On Long-Term Opportunities: Consultant

Regardless of whether inflation continues to slow or the global economy steers clear of a recession, endowments and foundations should not base portfolio construction on market timing but instead focus on longer-term areas of opportunity like private equity and international equities, according to one consulting firm.

11.21.23
MRI/Social Investments
Canadian Manager Closes Sustainable Fund

The firm has completed an initial close of its fund targeting sustainably managed forestlands with more than $200 million in commitments.

11.21.23
Infrastructure
BlackRock Holds First Close Of Energy Transition Infrastructure Fund

The global asset manager has raised approximately $1 billion for an energy transition infrastructure fund.

11.21.23
People Moves
Midwest College Hires New Finance Head

The college hired a new v.p. for business and finance and cfo to oversee its finances and help manage its endowment after its previous finance head retired in May.

11.21.23