Announcements
The fund has received an $100 million unrestricted grant to support its capital campaign and will deploy it by building a pooled endowment fund that will increase member institutions endowments by $10 million each.
The university has hired a discretionary investment consultant after conducting an invitation-only RFP process that began in the second quarter of 2023.
The firm has selected its next ceo and co-presidents as part of its succession strategy.
The institution appointed a managing director at an investment advisory firm to its board of trustees, which helps oversee its endowment.
The firm appointed a regional director of its Cleveland office to lead its team of planning, fiduciary and investment professionals.
The firm’s latest fund targeting value-added investments in hotels across the U.S. was oversubscribed after receiving commitments from endowments, foundations, public and corporate pension plans, insurance companies and wealth management firms.
The firm recently expanded its leadership team with the appointments of two managing directors of institutional services.
The university added six alumni, including one with investment experience, to its board of trustees in recent months.
The alternative credit manager has closed its second collateralized fund obligation, which will invest in U.S. senior lending, junior capital and equity co-investments, just below $200 million.
The mid-Atlantic based growth equity firm has promoted its cfo to partner.