The acquisition adds $210 million in assets across nonprofit endowment and other clients to the firm, while expanding its presence in Northeast Wisconsin.
The foundation has issued an RFP seeking an investment manager to advise on asset allocation and investment selection for standard due diligence purposes.
The college savings plan approved the search last week and expects to issue an open-invitation RFP next month.
The healthcare system is working on sustainable investment guidelines after reviewing sustainability scores on current investments in the first quarter and evaluating future opportunities.
The discretionary advisor recently hired the co-head of investment operations at a large investment manager to serve as its coo and oversee its daily operations.
The university established new investment lineups with new and existing managers for its 457(b) and 403(b) plans following a review from its general investment consultant and a retirement advisory committee.
The Santa Monica, Calif.-based outsourced cio firm is overweight on asset classes that capitalize on a strong U.S. economy buoyed by strong economic and consumer activity.
The federal agency is seeking information from potential banking and investment management service providers as part of market research.
The university is conducting a review of its asset allocations alongside its general investment consultant as it typically conducts a study every three years.
The foundation elected the mid-Atlantic college’s cio to its board, which is tasked with managing the organization’s affairs and property.