The racial makeup of senior management at investment consulting firms dropped by almost 10%, an “alarming change” in a segment of the market that has an outsized impact on what asset managers are chosen by institutional allocators, according to a new report.
The university has elected six new members to its board of trustees, including four with investment experience, to help guide its educational mission and fiscal policies.
The fund has entered a strategic partnership with a global quantitative equity manager, which will see them collaborate to develop cutting-edge investment products and foster innovation to better understand evolving investor needs.
The university has hired a senior investment officer to handle the day-to-day management and oversight of private equity portfolio, including responsibility for pacing models, allocation and strategy development along with due diligence, manager selection and monitoring.
The university has extended the deadline for proposals in its search for an outsourced cio to oversee its endowment and operating portfolios by 10 days.
The foundation has expanded its commitment to impact invests that advance health equity in communities that have faced a historic lack of investment with a new allocation that more than doubles the foundation’s previous commitments.
The state agency has initiated a search for an investment consultant due to the upcoming contract expirations of its incumbent providers, which are allowed to rebid.
The PFMAM outsourced cio business has about $35 billion in assets under management and has turned to the endowment and foundation space as an area of emphasis.