
Newsmakers
University of Rochester CIO Doug Phillips to Retire
The investment chief will leave at the end of September after 25 years at the institution.
The bill proposes slight changes to the House version and nixed some provisions, such as the private foundation tax.
He succeeds the retiring Susan Manske to oversee the nearly $9 billion endowment.
Private infrastructure is attracting more attention from pensions, sovereign wealth funds and endowments, per a Nuveen survey.