Largest schools reported the strongest one-year returns on average, which followed two years of smaller institutions outperforming, according to new report.
The mid-Atlantic organization has launched an online portal for project applications for its reconstruction investment fund, which looks to invest in critical minerals, hydrocarbons and related infrastructure.
The fund and its general investment consultant will consider segmenting the fixed-income allocation into core investment grade and return-seeking credit.
The foundation recently promoted a director of investments to senior director of investments after it expanded its investment head’s role to cover its financial operations.
The state agency expects to issue an RFP for a firm to provide investment advisory and management services for its portfolio due to the impending contract expiration of its incumbent provider.
The foundation hired a new chief financial and investment officer to oversee its finance, investments and grants management following a search from last year.
The 529 plan is likely conducting the search due to the impending contract expiration of incumbent 529 industry consultant, which was retained in 2023 following a similar search.
The position is responsible for overseeing operational due diligence on prospective investment opportunities after the previous investment operations lead left the institution.