The firm announced the appointment of its next president to help lead its strategic direction and corporate growth following the planned departure of current president.
A new survey showed that many nonprofit investors expect to increase their allocations to alternative assets this year for diversification benefits and to increase portfolio performance.
The foundation announced its next president and ceo to lead its operations and strategies as its previous head is set to retire after more than 14 years at the organization.
The foundation is searching for a director of investments to help oversee its portfolio and develop and improve its diversity, equity and inclusion investment strategies.
By now, most know that less than 2% of the U.S.-based investment management industry’s $82 trillion in assets is handled by diverse managers. Maybe less know that historically Black college and university endowments make up an even smaller percentage of higher education endowments nationally.