A college based in the Northeast region has entered an agreement to absorb the endowment of a nearby college that closed its doors last year.
The pension plan approved a fiscal year 2026 asset allocation policy for three of its systems at this week’s board meeting.
The asset allocation changes reflect the retirement system’s progress in moving toward its current long-term policy.
A university based in the Midwest has removed a social responsibility clause from its investment policy statement.
The university has successfully completed its goal of divesting its endowment from fossil fuel companies by 2025.
The retirement system is searching for a firm to conduct a one-time asset allocation review.
The university approved a new investment policy statement with revised long-term strategic asset allocation targets for its strategic and reserve pool last year.
The board hired an infrastructure manager and adopted a new asset allocation policy in April.
The retirement system adjusted its target asset allocation to optimize its real assets allocation at a March meeting.
The foundation is looking to add new commitments to private equity and build out the program alongside its outsourced cio over time.