The university system will consider a recommendation from its investment consultant to redeem all assets from two global equity managers that it placed on watch earlier this year due to personnel changes and underperformance.
The firm has launched a new practice providing foundations, museum, educational institutions and endowments a dedicated resource offering tailored investment management, impact strategy and governance support.
The college has issued an RFP seeking an outsourced cio to oversee its investment portfolio as it looks to transition away from a traditional investment advisory relationship after recent growth in assets.
As smaller or medium-sized institutions face a demographic reduction in students entering college in an inflationary environment, the consultant is working with institutions to brace their endowments for unexpected costs ahead.
The venture capital-backed fintech fund has hired an investment associate to serve as a generalist and assist in managing and overseeing its SEC-registered endowment-style fund.
The firm has added senior advisors and directors across its New York, northern New Jersey, Cleveland and Pittsburgh offices to assist with asset allocation, investment advice and portfolio management.