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The firm placed its investment in a domestic-large cap fund on watch in the third quarter due to performance concerns, while also removing two funds from watch status.
Citizens approved a constitutional amendment to create two funds in the state treasury to support land acquisition, infrastructure and equipment related to educational programs offered by the Texas State Technical College System during the Nov. 4 state elections.
The credit group of a global alternatives manager is acquiring the entire outstanding share capital of a systematic fixed-income manager in a deal expected to close in the first quarter.
The firm recently held the initial close of its flagship fund as it looks to complete its $500 million fundraise for the strategy in 2026.
The investment manager will be responsible for implementing the foundation’s program-related investment strategy as well as sourcing, structuring and monitoring investments.
A healthcare-focused growth equity firm recently launched and has formed a strategic partnership with a private equity firm that focuses on diverse investment firms.
Two investment advisors serving foundations, endowments, family offices and corporate pension plans formally merged last month.
The new managing director of public equity will assist with investment decisions, research prospective investments and underwrite new managers.
The foundation selected a firm led by a former investment committee chair to serve as its chief investment consultant to oversee the governance and decision-making structure related to its investments.
The community foundation merged its long-term, mid-term and socially responsible investment pools this summer to reduce fees, improve performance and strengthen social impact.