Children’s Healthcare of Atlanta is considering increasing the hedge fund allocation of its roughly $1.8 billion portfolio to 10% from roughly 2%.
Tampa-based Shriners Hospitals for Children is considering a maiden allocation to hedge funds for its roughly $6 billion investment portfolio.
Texas Christian University is studying the possibility of a maiden investment in farmland for its roughly $1 billion endowment.
The Ohio State University is seeking to increase its exposure to emerging markets to 20% from roughly 11% of its $1.9 billion endowment.
The roughly $22 billion University of Texas Investment Management Company has increased its target allocation to natural resources to 17.5% from 15%.
The University of Toronto Asset Management Corporation is examining the non-U.S. international equity allocation in its roughly CAD4.5 billion portfolio of endowment and pension assets.
The $930 million Missouri Foundation for Health plans to add about $50 million annually to private equity and real assets over the next five years and expects to add three to four new managers each year, said Joe McCarthy, coo.
The University of Southern California is searching for a cio to oversee its roughly $3 billion endowment.
TIAA-CREF is planning to launch an outsourced cio unit for nonprofits by the end of the year.
Taconic Capital Advisors, the New York hedge fund firm with around $9 billion in assets, has created a three-year share class.
The University of Houston is planning to revamp hedge fund investments for its $480 million endowment, a move that will lead to several new managers being hired.
The UCLA Foundation is reviewing the asset allocation of its roughly $1.1 billion portfolio.
The University of Texas Investment Management Company, which manages roughly $22.7 billion in endowment and operating fund assets of the University of Texas System and Texas A&M University System, is contemplating reducing the number of managers in its private investment portfolio.
Sapphire Capital Management is readying a hedge fund strategy that will make debt investments in middle-market companies.
Ascension Health, which has $15 billion in assets between its pension and operating funds, has hired two former endowment cios for its investment staff.
Texas Health Resources is searching for its first chief investment officer to oversee its roughly $1 billion investment portfolio.
The Idaho Endowment Investment Board is examining making a maiden allocation to real estate.
Texas Christian University is looking at investment opportunities in Asia and Brazil for its $1.1 billion endowment.
The Lumina Foundation for Education has hired CornerStone Partners as an outsourced cio and, as a result, some incumbent consultants are likely to be eliminated.
Harvard Management Company, which manages the roughly $25 billion endowment for Harvard University, is eyeing several alternative investments.
Dalhousie University is examining hedge fund and real estate investments for its roughly CAD1 billion portfolio.
Baylor University CIO Kent Muckel has left after just seven months on the job, forcing the Bears to search once again for an investment chief to oversee the roughly $1 billion endowment.
The number of foundations and endowments searching for consultants has increased over the past 12 months by roughly 39%, according to data from iisearches.
Last year was nothing short of a roller coaster for most endowments and foundations, but the future indicates there could still be opportunities in the credit markets and illiquid investments, while the specter of longer-term inflation looms.
The $3.1 billion California Endowment is searching for a chief investment officer.
Mount Sinai Medical Center plans to increase its allocation to long/short equity at the expense of long-only holdings, according to Scott Pittman, cio.
The Ohio State University is eyeing possible investments in distressed debt and real assets for its roughly $1.8 billion endowment.
The C$1.1 billion Nunavut Trust is planning to review long-only equity investments in the second quarter and could look for a global growth manager.
Nonprofits are turning an eye overseas as international equity search activity has increased by 42% over the past 12 months.
The roughly $2.5 billion Annie E. Casey Foundation is slashing the number of hedge fund managers in its portfolio.
The University of Texas Investment Management Company, which manages roughly $20.8 billion in endowment and operating fund assets of the University of Texas System and Texas A&M University System, is conducting a strategic review of its operations.
Endowments are slowing their allocations to new private equity commitments due to liquidity concerns.
The roughly $1 billion Georgetown University endowment is considering boosting its hedge funds allocation.
Louisiana is planning an asset-allocation study for three of its top funds totaling nearly $2.7 billion and is considering all investment options, including outsourcing.