Endowments & foundations
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Oklahoma endowment sets $5 million for energy fund
trueOklahoma State Regents for Higher Education, Oklahoma City, committed $5 million to EnCap Flatrock Midstream Fund III for its $661 million endowment trust fund.
George Washington University looking to outsource endowment investments
trueGeorge Washington University, Washington, is looking for an outside firm to manage its $1.4 billion endowment.
Pressure building on Pew to cut ties with foundation
truePublic pension fund groups are pressuring the Pew Charitable Trusts to stop taking money from a foundation to finance Pew's Public Sector Retirement Systems Project.
Class actions at risk in Supreme Court challenge
trueInstitutional investors are holding their collective breath as the Supreme Court considers making it harder to bring class-action securities lawsuits.
Families going straight to asset owners to find buyers
trueWealthy families looking to sell iconic buildings are knocking on the doors of institutional investors, taking advantage of institutions' growing interest in investing directly in real estate.
OCERS backs resolution giving public funds a break on alternatives fees
trueOrange County Employees Retirement System, Santa Ana, Calif., on Wednesday approved a resolution supporting more widespread use of pension fund share classes for alternative investments and broader use of hard hurdles for performance fees, confirmed Girard Miller, chief investment officer of the ...
BNY Mellon Master Trust return rises for 4th quarter
trueThe median return of all plans in the BNY Mellon U.S. Master Trust Universe was 4.73% in the fourth quarter, up slightly from 4.47% median return for the previous quarter.
Princeton tweaks endowment allocation to boost liquidity
truePrinceton University's $18.2 billion endowment increased its exposure to domestic and international developed markets equities in an effort to boost liquidity.
Texas A&M wants investment consultant
trueTexas A&M University System, College Station, is searching for an investment consultant for its $3.2 billion cash concentration pool and $883 million System Endowment Fund.
University of Michigan OKs $179 million for equity, real estate, private equity
trueUniversity of Michigan endowment invested or committed a total of $179 million to five managers from its $9.1 billion long-term portfolio.
Citadel's Griffin gives Harvard $150 million
trueHarvard University received a $150 million donation from alumnus Kenneth Griffin, the 45-year-old founder and CEO of Citadel Advisors LLC, mainly to support financial aid.
Specter of 2008 still drives institutional investors to focus on risk, study finds
trueRisk is dominating the investment conversation among institutional investors, and the financial crisis of 2008 still remains the main reason almost six years later, according to a study released Tuesday by Bank of New York Mellon Corp. in collaboration with Harry Markowitz, 1990 recipient of the ...
Investors scrutinizing high carbon emissions risk
trueExposure to companies with extensive fossil fuel reserves and companies with high carbon emissions ranks as the top concern among trends in environmental, social and governance issues, driving pension funds to examine the risks and to craft responses.
New Mexico Educational commits $290 million to alternatives
trueNew Mexico Educational Retirement Board's investment committee approved committing $290 million to private investment funds.
Oklahoma Tobacco trust will redo GTAA search
trueOklahoma Tobacco Settlement Endowment Trust, Oklahoma City, will reissue an RFP for its first global tactical asset allocation managers to run a total of $60 million to $70 million.