Foundations Post Slashed Gains in 2014

Despite lower returns, nearly 60% of foundations increased their spending rates, according to Commonfund and the Council on Foundations.

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Purdue Endowment CIO Moves Up

The $4 billion fund hired a public pension CIO to replace Scott Seidle, who takes on a larger role.


PPF Hires to Insource LDI

Aviva Investors’ Trevor Welsh joins the UK’s lifeboat fund as its first head of LDI.