The co-founder and co-executive chair of a leading global alternative manager is donating a substantial gift to a college preparatory boarding and day school – the largest single gift ever made to the institution.
The institution has issued an RFP seeking a firm to provide investment advisory services for its endowment, including providing strategic advice on asset allocation and conducting manager searches and selections.
The college will receive an approximately $55 million gift – the largest bequest in the institution’s 140-year history – and invest approximately $50 million in its endowment.
The university is seeking a firm to help establish and maintain an investment portfolio for its cash flow requirements utilizing low risk portfolio strategies.