Newsmakers
Rice University Endowment CIO to Step Down
Allison Thacker will step down from the Rice Management Co. on September 30.
Tag: Endowment
Asset Allocation
Active Investing Will Boost Endowment Growth Over Other Institutional Investors, Cerulli Forecasts
A new report projects endowment assets will grow 7.9% over the next five years, compared with 4.7% and 4.2%, respectively, for public and corporate defined benefit plans.
Asset Allocation
Macalester College Endowment to Outsource Investment Management
The school is shuttering its internal investment office and transferring its duties to management firm Investure.
Pensions
UC Investments Reaps Big Returns From Index Fund Shunning Fossil Fuels, Tobacco
Some $1.3 billion of the University of California’s $16 billion fiscal 2024 investment gain came from one S&P 500 index fund.
Newsmakers
Nomination Deadline Extended for 2024 CIO Industry Innovation Awards
Submit nominations by Aug. 21 for asset owners, asset managers and service providers that are changing the industry for the better.
Newsmakers
Kresge Foundation Seeking Investment Director
The Troy, Michigan-based foundation manages $4 billion in assets.
Newsmakers
Johns Hopkins University Seeking New CIO
The successful candidate will oversee $9 billion of endowment and pension assets.
Newsmakers
University of Utah Seeking Director of Investments
The investment chief will oversee the university’s endowments, alongside a yet-to-be-selected OCIO firm.
Newsmakers
Church Commissioners for England Appoints Poppy Allonby as Endowment CIO
Allonby’s appointment as investment chief of the $12.74 billion fund is effective September.
Newsmakers
NYU Appoints Michelle Knudsen as CIO of $5.9B Endowment
The investment chief is moving from the Mellon Foundation.
Asset Allocation
Texas Constitutional Amendment Creates Endowment Fund for Newer Universities
A separate proposition enabling a cost-of-living increase to pensions for retired teachers was also approved.
Newsmakers
Princeton Names Vincent Tuohey Next Endowment President
Tuohey will take over at PRINCO when Andrew Golden retires next year.
Asset Allocation
Princeton Endowment Declines 1.7% in Fiscal 2023
Ivy League endowments trended weaker in the year that ended June 30, but Princeton is the first institution to report a result in the red.
Asset Allocation
4 Ivy League Institutions Release Fiscal 2023 Endowment Results
Brown, Columbia, Dartmouth and Penn all improved their returns from 2022 but alternative investments dragged down returns.
Asset Allocation
MIT Endowment Return Dips 2.9% in Fiscal 2023
Although the endowment posted negative returns for a second year in a row, the funded status of its defined benefit pension plan improved.