Newsmakers
USC Biomedical Engineering Institute Seeks Investment Director
The Alfred E. Mann Institute at the University of Southern California aims to invest in biotech startups.
Tag: University
Corporate Moves
Ellen Ellison, University of Illinois Foundation CIO, Steps Down
The allocator shared on social media that she will be leaving to pursue other endowment and investment-related activities.
Asset Management Culture
Bard Is Driving Toward a $1 Billion Endowment with Soros Donation
The college must match the philanthropist’s $500 million donation within five years, and it’s already halfway there.
Asset Management Culture
Colby College Appoints Deborah Shufrin New CIO
The allocator was DCIO at Brandeis University for the past decade.
Shop Talk
Amy Falls: What’s Next for the Northwestern Endowment?
William McLean’s successor to the $12 billion fund has carefully built a successful track record over her decades-long career.
Corporate Moves
Northwestern Names Amy Falls New VP and CIO
She will be the first woman to oversee the $12.2 billion endowment.
Alternatives
Oxford University, GAV Start Conservation Venture Capital Fund
The fund has been seeded with a $25 million special purpose investment vehicle.
Corporate Moves
Texas Tech DCIO Dan Parker to Leave Endowment
The investor will take a senior position at a firm he says ‘will be familiar’ to investors.
Asset Allocation
Endowments Should Hold on to Value Assets, NEPC Says
Growth assets and strong manager selection have helped endowments outperform this year.
Asset Management Culture
Why Smith College Is Moving Its Endowment In-House
The $2 billion fund, now in the market for its first CIO, decided it’s big enough to shift asset management internally.
Asset Management Culture
University Endowments Urged to Hold on to Private Commitments
For allocators, keeping a long-term investment horizon in the face of immediate challenges is key, NEPC says.
Asset Management Culture
Yale’s Swensen to Asset Managers: Hire More Women and Minorities
The decision to track investment firms’ progress would have a ‘seismic’ shift in the industry.
Asset Management Culture
Harvard’s Endowment Returns 7.3% for the 2020 Fiscal Year
The university cautioned the strong returns may not be enough to blunt the financial impact of the pandemic.
Corporate Moves
Tulane Investment Chief Jeremy Crigler to Retire
Richard Chau and Julia Mord will take over as interim CIO and interim deputy CIO, respectively, to manage the fund’s $1.4 billion portfolio.
Asset Allocation
Study: Endowments Have Underperformed Passive Portfolios for 58 Years
New research finds a 60/40 passive benchmark has outperformed the average endowment over nearly six decades.