Endowments & foundations
News and Video on Endowments & Foundations
Outsourced CIO hirings, by year
trueOutsourced CIO hirings, as reported by Pensions & Investments, totaled $77.5 billion over the last five years.
Sacramento County pension fund CIO moving to University of California
trueScott Chan, chief investment officer at the $7.7 billion Sacramento County (Calif.) Employees' Retirement System, has been named senior managing director of public equities in the University of California's investment office.
Survey: College, university endowments gain 15% in fiscal 2014
trueU.S. college and university endowment assets totaled $516 billion at the end of the fiscal year ended June 30, up 15% from a year earlier, results of the NACUBO-Commonfund Study of Endowments showed.
University of Maine System divesting from coal companies
trueUniversity of Maine System is divesting all direct holdings of coal companies in its various investment pools.
University System of Georgia seeks investment consultant for investment pool
trueUniversity System of Georgia, Atlanta, is searching for a discretionary investment consultant and custodian for its $580 million pooled investment fund.
Ontario Teachers snags CIC exec to manage private capital efforts in Asia
trueOlivia Ouyang joined Ontario Teachers’ Pension Plan in Hong Kong as director of the C$140.8 billion (US$117.9 billion) plan’s private capital efforts.
Goddard College divesting fossil-fuel holdings from endowment
trueGoddard College, Plainfield, Vt., is divesting its $1 million endowment of fossil-fuel holdings.
Foundations make a comeback and a transformation
trueAn initial analysis of 2013 IRS Form 990-PFs for the nation's largest private foundations shows they have almost fully recovered from the Great Recession. In 2007, the 20 foundations that were analyzed had $80.2 billion in assets; in 2013, the figure was $78.8 billion. The average change in total ...
Stanford professors call on endowment to divest fossil-fuel holdings
trueMore than 300 tenured professors at Stanford University are calling on the school to divest all fossil-fuel investments in its $21.4 billion endowment.
Harvard's Blyth seen likely to take slow, steady course
trueWith Stephen Blyth now officially in place as Harvard Management Co.'s president and CEO, observers are wondering how management of the Cambridge, Mass.-based university's $36.4 billion endowment will differ from his predecessor, Jane Mendillo.
George Washington University hires OCIO
trueGeorge Washington University hired Strategic Investment Group as its outsourced chief investment officer, effective immediately.
University of Kentucky makes $130 million in commitments
trueUniversity of Kentucky approved $130 million in commitments for its $1.2 billion endowment.
Sheridan College endowment seeks to rope money manager
trueSheridan College Foundation is searching for an investment manager for its $31 million endowment.
Foundation issues call for investment consultant
trueThe CSULB 49er Foundation is searching for an investment consultant.
Private equity investors could see more cash back, better returns
truePrivate equity managers are more likely to sell than buy in 2015. This should give investors more cash in their pockets from the expected distributions from these sales. These distributions of capital will help keep private equity's internal rates of return up.