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UTIMCO ready to invest $1 billion in private equity real estate
trueUniversity of Texas Investment Management Co. has $1 billion to invest in private equity real estate, said Bruce Zimmerman, UTIMCO’s CEO and chief investment officer, speaking Wednesday at the Pension Real Estate Association’s 24th Annual Institutional Investor Real Estate Conference at the Hyatt ...
Rockefeller fund uses outsourced CIO to help achieve mission-related investing goals
trueA key part underlying the Rockefeller Brothers Fund’s process to divest its fossil-fuel holdings and shift its investments closer to its philanthropic aims was moving to an outsourced CIO structure.
University of Florida Investment Corp. names new CIO
trueWilliam S. Reeser was named chief investment officer of the University of Florida Investment Corp.
Harvard promotes head of public markets to CEO
trueStephen Blyth was named president and CEO of Harvard Management Co., effective Jan. 1, 2015.
Harvard's absolute-return program posts highest outperformance among its asset classes over 5 years
trueHarvard University's absolute-return program outperformed it benchmark by 3.9 percentage points annually over the five-year period ended June 30, topping all other asset classes.
Stanford endowment gains 17% for fiscal year
trueStanford University Merged Pool, which includes its $21.4 billion endowment, returned 17% in the year ended June 30.
Rockefeller fund saying no to fossil fuels
trueRockefeller Brothers Fund, New York, has begun divesting its fossil-fuel holdings, said a statement Monday from the foundation.
Private equity powers University of Virginia's 19% return
trueUniversity of Virginia's $6.9 billion long-term pool returned 19% in the fiscal year ended June 30.
New Mexico college foundation seeks consultant
trueWestern New Mexico University Foundation is searching for an investment consultant.
Penn's endowment returns 17.5%
trueUniversity of Pennsylvania's endowment returned 17.5% for the fiscal year ended June 30.
University of Michigan adds unleveraged convertible bond arbitrage to mix
trueUniversity of Michigan added a fixed-income subclass — unleveraged convertible bond arbitrage to its $9.5 billion endowment — and hired Camden Asset Management to run $75 million in the strategy.
University of California OKs sustainable investing framework, UC Ventures
trueUniversity of California Board of Regents voted Thursday to establish and integrate a framework for sustainable investing.
Penn State earmarks $52.5 million for long-term investment pool
truePennsylvania State University made four commitments totaling $52.5 million for its long-term investment pool, said an investment review in upcoming board of trustees meeting materials.
University of California to plan private equity stake sale
trueThe Regents of the University of California is looking to sell about $500 million in older private equity fund stakes after valuations of the holdings jumped, according to two people with knowledge of the matter.
Fulton-DeKalb Hospital Authority seeks endowment consultant
trueFulton-DeKalb Hospital Authority, Atlanta, is searching for an investment consultant and/or investment manager for its $16 million endowment.