Asset Study/Review
Congress Requests Penn Share Information On Endowment’s Foreign Holdings

A congressional committee is looking into the Ivy League school’s potential holdings with entities deemed to be foreign adversaries.

03.30.23
People Moves
Midwest University Foundation Eyes Next Investment Head As CIO Sets Retirement

The foundation is searching for its next senior v.p. for investments and cio as its current investment head is set to retire from the position at the end of the second quarter after 18 years at the institution, including the last decade as cio.

03.30.23
Multi-Asset/Investment Advisor
Mid-Atlantic Community College Foundation Retains Incumbent Advisor

The foundation opted to retain its incumbent investment advisor over three other finalists in a search from the third quarter.

03.29.23
People Moves
Global Mgr. Adds Partner To Climate-Focused PE Team

The firm has hired a partner to support its sustainable growth equity team, which focuses on late-stage venture and growth equity investments in companies that have positive economic and climate outcomes.

03.29.23
Private Equity
Private Equity Firm Closes Sixth Private Equity Fund At Hard Cap

The firm closed its sixth private equity fund, which will target technology, business services, medical and industrial sectors, above its target.

03.29.23
Emerging/Diverse Managers
West Coast Foundation Eyes Diverse Mgrs., Approves New ‘Racial Equity Lens’ For IPS

The foundation is looking to add new diverse managers to its portfolio after adopting a new investment policy statement incorporating a racial equity lens.

03.29.23
Multi-Asset/Investment Advisor
Midwest College Hires Firm In Financial Advisor Search

The college hired a firm to provide financial advisory services for its general obligation bonds, including advising on the investment of bond proceeds, following the issuance of an RFP last summer.

03.29.23
Venture Capital
Global Mgr. Closes Ocean Sustainability VC Fund Above Target

The firm has closed its latest fund, a venture capital strategy focused on rejuvenating the ecological health of the world’s oceans, above its initial target.

03.23.23
Multi-Asset/Investment Advisor
Midwest Plan Seeks Investment Funds Service Provider

The plan has issued an RFP for a firm to provide investment and custodial services for one of its portfolios.

03.22.23
People Moves
Western University Eyes Next V.P. For Finance

The university is looking to hire a v.p. for finance to oversee and manage its cash flow, investments, surplus funds and asset management.

03.22.23