The investment funds offer advantages and challenges in both active and passive strategies, analysts say.
Nonprofits should begin engaging with the next generation of donors early, sources say, and should broaden the vehicles they use to accept donations.
In partnering with State Street on exchange-traded funds, the Texas Permanent School Fund and the University of California Board of Regents demonstrate novel uses for the vehicles.
The $22 billion pension fund is looking to boost its real estate assets closer to its target allocation.
Investment managers also plan to significantly boost their holdings in hedge funds and private equity, according to Citi Wealth research.
The California city is looking for an investment manager to oversee its $2.8 billion portfolio.
