Newsmakers
The Boston Foundation Taps Natalie Herter as CIO
She will succeed George Wilson, who is retiring from the role after more than 18 years.
Tag: endowments and foundations
Newsmakers
Heinz Endowments Names John Barker CIO
Barker joins after 19 years at the Kresge Foundation, the last four as CIO.
Asset Allocation
Amid Geopolitical, Supply Problems, Largest US Institutional Investors Reap 6.6% Return in Q2
Global equities fueled the strong returns, despite the economic impact of war in the Middle East and choked supply chains, according to Northern Trust.
Newsmakers
Kresge Foundation Establishes Leadership Transition
Jon Gentry will assume the senior investment leadership role, succeeding John Barker, with Emily Bertsche appointed deputy CIO.
Newsmakers
Scherman Foundation Taps Commonfund for New CEO
George Suttles will succeed the retiring Mike Pratt at the foundation.
Alternatives
Endowments’ Alts Allocations Hit Plateau
As these institutions have less room to scale up their private markets programs, they are slowing down their investments in alternative asset classes, according to a report from Morgan Stanley.
Opinion
OCIO Services: A Strategic Investment Partner for Mission-Driven Organizations
Advisers from Fiducient write that the partnerships built on trust, transparency and alignment of purpose work best.
Asset Allocation
Community Foundation of Herkimer and Oneida Counties Picks OCIO
Already the social impact investor’s investment consultant, Crewcial Partners will take fiduciary management over the $220 million portfolio.
Opinion
A Complex Environment for Investing, Governance Raises the Appeal of Investment Outsourcing
Insights from a Fidelity Investments portfolio manager on trends shaping investment strategies of small to midsize endowments and foundations in today's complex market environment.
Regulation
GOP Senators Scale Back Endowment Tax Further
Recent amendments sheltered colleges with fewer than 3,000 tuition-paying students from facing a levy and removed the exclusion of international students from the calculation.
Opinion
It’s Time for Endowments to Lead the Finance Industry in Transparent Impact Investing
The co-founder of the Intentional Endowments Network introduces a new assessment, rating and benchmarking framework.
Opinion
3 Investing Considerations for Endowments and Foundations for 2024
A Fidelity Investments portfolio manager provides a playbook for those with aggressive investment objectives to help avoid downside this year.
Market Moves
Institutions Log Second Consecutive Quarter of Positive Returns
After a punishing 2022 ended on a slight upswing, allocators posted a 4.1% increase in this year’s first period, per a Northern Trust study.
Asset Management Culture
Carnegie Picks Mark Baumgartner as New CIO
The former IAS finance chief and rocket scientist was vetted by predecessor Kim Lew.
Asset Management Culture
Former FEG Chief Executive Scott Harsh Takes Consulting Job at NEPC
He’s coming out of retirement to help the firm expand its presence in the Southeast and Midwest.