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.
The University of Florida Investment Corp., which manages the $1.3 billion foundation of the University of Florida, is looking to manage assets for other nonprofits within the state, a universe of more than 40 colleges, universities and community colleges.
Texas Christian University is eyeing long/short equity managers with an aim of increasing its exposure to hedge funds for its roughly $1 billion endowment.
Patrick O’Connor, cio of the University of Arizona, is leaving to become the investment chief at Cook Children’s Health Care System in Fort Worth, Texas.
Commonfund is planning to roll out a new cash management platform later this year to replace its Short Term Fund, a university favorite that was forced to halt redemptions last fall.
Master Limited Partnerships (MLPs) are becoming increasingly popular with endowments and foundations as a play on energy infrastructure.
Mount Sinai Medical Center is opportunistically scouting several alternative investments for its $1 billion endowment.
Baylor University’s roughly $1 billion endowment is opportunistically looking at investments in several areas, including hedge funds and distressed securities.
Two high profile university endowments recently filled cio vacancies with candidates from outside the endowment and foundation universe, a move that some are seeing as a burgeoning trend.
Thirty three nominees will compete for 11 spots in FEMM's 2009 Nonprofit Awards For Excellence.
The Ohio State University is scouting the market for possible long/short equity managers as it plans to transition some of its equity exposure from long-only managers to hedge funds for its roughly $1.7 billion endowment.
The Wyoming State Treasurer's Office, which oversees public endowment funds, including the $7.5 billion Permanent Fund, is planning a $980 million international equity search, a portion of which will be for passive management.
Drexel University is seeking hedge funds and emerging market managers for its roughly $400 million endowment.
The University of Arizona is eyeing managers in several niche fixed-income categories for its roughly $485 million endowment
Four university endowments have been nominated by FEMM sister publication Alternative Investment News for Nonprofit Investor of the Year.
Morgan Creek Capital Management, the $9 billion firm run by former University of North Carolina CIO Mark Yusko, is making a push into the credit markets.
The Ohio State University is opportunistically eyeing fixed income and inflation-hedging investments for its roughly $1.5 billion endowment.
The number of potential searches by nonprofits in the commodities space over the past 12 months (April 2008-April 2009) has doubled from the previous year.
Baylor University has hired Kent Muckel, senior portfolio manager at University of Colorado Foundation, to be its cio.
King Abdullah University of Science and Technology (KAUST), a new university in Saudi Arabia, has hired Gumersindo Oliveros, director of pension plan and endowments for the World Bank, to be its cio.
Hammond Associates, one of the largest endowment and foundation consulting shops, has tapped Carla McGuire, cio of DePauw University, as its first staffer fully dedicated to providing outsourced cio services.