The Chicago-based wealth management and investment advisory firm has agreed to purchase a majority stake in the prominent investment consulting firm.
The director of investments will assist in the oversight and management of the healthcare system’s portfolio, including conducting due diligence on existing and prospective managers.
The advocacy group and peer network is looking for endowments and foundations to participate in the latest cohort of its impact investment benchmarking program.
The foundation added two new small-cap equity strategies during the second quarter through full and partial redemptions from two existing small-cap managers.
The general investment consultant’s oversight responsibilities will include annual evaluations of investment policies and risk levels and quarterly reviews of investment performance and asset allocation mix.
The foundation terminated an unconstrained fixed-income manager and reinvested the redemption proceeds with an existing firm at its board meeting in late September.
The foundation has hired a director of impact investing to oversee its program-related and mission-related investment portfolio totaling more than $120 million.
The university recently increased its allocations to domestic equity and intermediate-term fixed-income following a recommendation from its outsourced cio, which completed an annual strategic asset allocation review.
A university based in the Midwest has launched a search for an firm to advise on its short-term fixed-income and cash portfolio.
The trust fund approved new international equity, private equity co-investment and a private credit secondaries investments during its board meeting last week.