MacArthur Foundation Names Bola Olusanya CIO
He succeeds the retiring Susan Manske to oversee the nearly $9 billion endowment.
News
PBGC Director Nominee Janet Dhillon Clears Senate HELP Committee
The Senate Committee on Health, Education, Labor and Pensions voted 12-11 to advance Dhillon's nomination to the full Senate.
The Private Universities Affected by Proposed Tiered Endowment Tax
At least 41 colleges and universities would be subject to an expanded federal endowment tax, with several subjected to new, higher rates.
Response Deadline Now June 6 for 2025 CIO Outsourced Investment Manager Survey
A growing number of asset owners, plan sponsors, and institutional investors are turning to outsourced CIOs and 3(38) managers to support their investment oversight. Tell us about what drives these decisions and the value these arrangements provide.
NBIM Commits $800M to Blackstone Logistics Real Estate Fund
The strategy will invest in warehouse properties across the U.S. and Canada.
British DC Pension Schemes Pledge 10% Alts Allocation by 2030
The U.K. Treasury’s Mansion House Accord aims to unlock more than $70 billion in domestic investments.
Chad Tredway Named Global Head of Real Estate at J.P. Morgan Asset Management
Tredway was promoted from his current position as head of real estate for the Americas.
Australia’s Future Fund Makes Leadership Appointments
Nancy Collins is joining as the fund’s new chief financial and chief risk officer.
Neuberger Berman, PIF to Deploy $6B in Saudi Investments
The duo will launch a multi-asset program to support the growth of the asset management industry in Saudi Arabia.
House GOP Tax Plan Targets Private University Endowments, Private Foundations
The bill proposes increasing tax rates for private institutions with large endowments and private foundations with substantial assets.
Conning CIO: Insurance Investors Should Be Patient Amid Market Volatility
Cindy Beaulieu emphasizes the quality of U.S. assets and advises insurers to stay true to their strategies.
Angie Davis Named CEO of JPMorgan’s Timberland Unit, Campbell Global
Davis will succeed John Gilleland in October as chief executive of the $10.1 billion manager.
Institutional Investors Drive Surge in Bond ETFs
BlackRock expects bond ETF assets to more than triple to $6 trillion worldwide within five years.
Temasek, T. Rowe Price Among Investors in Benefits Provider, Broker Hub International
The equity investment values the private equity-backed firm at $29 billion.
Lawmakers Ask SEC to Delist Chinese Stocks From US Exchanges
In a letter to the SEC, senators and representatives wrote that a ban would remove an ‘unacceptable risk’ and protect American markets, investors and security.