Minneapolis-based Allina Health System will review the asset allocation of its roughly $779 million portfolio in October.
The University of St. Thomas has outsourced its entire investments totaling around $450 million—including a $360 million endowment—to Cambridge Associates.
St. Olaf College has increased its investments in private equity and natural resources for its roughly $280 million endowment.
Mistra, the SEK2.9 billion ($394 million) Swedish foundation for strategic environmental research, has picked LGT Capital Partners as its new manager for a private equity mandate.
Volkswagenstiftung, the EUR2.7 billion German foundation, plans to terminate its hedge funds mandate because it did not meet expectations.
The University of Vermont and State Agricultural College has retained Cambridge Associates as a consultant for its roughly $290 million endowment.
The $82 million Alfred University endowment is planning to invest $2 million in the CCI Healthcare Partners long/short healthcare equity fund.
The number of endowments and foundations searching for consultants has increased dramatically over the past 12 months.
Ohio Northern University has hired Cardinal Investment Advisors as consultant for its roughly $100 million endowment.
The roughly $100 million University of Southern Illinois Foundation is planning some portfolio shifts after deciding to terminate TCW from a fixed-income mandate.
The World Scout Foundation has decided to continue to apply an ethical, or socially responsible, policy for all its investments.
Baloise Anlagestiftung für Personalvorsorge, the CHF1.5 billion Swiss foundation, has terminated its sole external fund manager Sustainable Asset Management.
Guilford College has hired Colonial Consulting to advise on its roughly $56 million endowment after working with NEPC for several years.
The $3 billion Leona M. and Harry B. Helmsley Charitable Trust in New York is planning to invest $50 million in an private equity energy fund managed by TCW’s Energy & Infrastructure Group.
The Wyoming State Treasurer’s Office, which oversees several public endowments including the roughly $7.5 billion Permanent Fund, has increased its investment in value-added real estate.
Creighton University is adjusting the investment policy for its roughly $350 million portfolio.
The Wyoming State Treasurer’s Office, which oversees several public endowments including the roughly $7.5 billion Permanent Fund, is making changes to its international equity manager line up.
The roughly $400 million Louisiana State University Foundation is considering several possibilities for an $80 million fixed-income mandate.
The roughly $500 million College of William and Mary Foundation is looking to opportunistically boost its exposure to private equity.
Louisiana has hired BNY Mellon to be the custodian of three of its public endowments totaling nearly $2.7 billion.
Luther College has pared back the international exposure in its $108 million endowment, which led to changes in the manager roster.
Gainesville, Fla.-based Santa Fe College is searching for a fixed-income manager for a $21 million operating portfolio.
The University of Western Ontario has hired Adams Street Partners for its first CAD415 million endowment’s foray into private equity.
The $556 million Oklahoma Tobacco Settlement Endowment Trust has re-hired Barrow, Hanley, Mewhinney and Strauss, which had been managing a $60 million large-cap value allocation.
Midwestern State University is close to finishing its search for managers for a newly-created $9.2 million endowment.
The Shetland Charitable Trust is planning to increase its real estate exposure to GBP20 million from its current GBP9 million investment.
Guide Dogs For the Blind has hired Callan Associates to be its consultant.
The roughly $40 million Longwood University Foundation has hired Spider Management Company to manage its 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, may invest up to $400 million in an international bond mandate run by Old Mutual Asset Managers.
Concordia Lutheran Ministries has outsourced its roughly $65 million investment portfolio to SEI and Bank of America.
YMCA Pension and Assurance Plan is mulling a move into liability-driven investments and may hire specialist asset managers if it decides to go ahead with the plan.
The University of Vermont and State Agricultural College is searching for a consultant for its roughly $290 million endowment.
The Baptist Foundation of Oklahoma is looking to boost its allocation to illiquid investments to 18% from 13% for its roughly $280 million portfolio.
The roughly $400 million Oregon Health Sciences University Foundation has tapped State Street Global Advisors for a passive Japan brief worth about $6 million.
The University of Arkansas is close to finalizing a search for cash management firms to handle roughly $40 million of its operating portfolio.
Mistra, the SEK2.9 billion ($400 million) Swedish foundation for strategic environmental research, has selected an undisclosed manager for a new Scandinavian private equity mandate worth up to 3% of its total portfolio.
The $82 million Emily Hall Tremaine Foundation has outsourced its investment portfolio to Commonfund.
The Alamo Community College District is searching for a consultant for its $10.4 million endowment.
The NOK6.6 billion ($1.1 billion) Norwegian church endowment fund Opplysningsvesenets Fond (OVF) is looking to invest in a global private equity or U.S. buyout fund.
The Osborn, a senior citizen facility in Rye, N.Y., with a $40 million endowment, has outsourced its entire portfolio to New Providence Asset Management.
The $220 million University of Alaska Foundation is reviewing its asset allocation.
Nonprofits are increasingly searching for hedge funds after a pause following the tricky markets of the past few years.
The $22.1 billion University of Texas Investment Management Company has retained PIMCO for an $836 million fixed-income mandate.
The Soboba Tribal Council which oversees the funds of the Soboba Band of Luiseño Indians in Riverside County, Calif., has issued a request for proposals for investment management and consultant services, due April 21.
The University of Colorado is searching for a fixed-income manager to handle a $45 million assignment.
The board responsible for overseeing roughly $427 million in endowment assets for the University of Iowa, Iowa State University and University of Northern Iowa is increasing its private equity exposure.