Asset Allocation
University of Michigan Pledges to Become Net-Zero by 2050
The $12.5 billion endowment’s portfolio will immediately shift to sustainable assets and shun fossil fuels.
Tag: Endowment
Asset Management Culture
Rockefeller University Names Paula Volent New CIO
She joins the biomedical research institution from Bowdoin College and succeeds CIO Amy Falls, who’s moving to Northwestern.
Endowments Embrace Net-Zero Portfolios: Is It the Future of Investment Management?
Questions remain about how to measure risks and what a proper framework looks like, but more colleges and universities are taking the plunge.
Asset Management Culture
Colby College Appoints Deborah Shufrin New CIO
The allocator was DCIO at Brandeis University for the past decade.
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
Bowdoin College Names K. Niles Bryant CIO
He will succeed Paula Volent, who will step down June 30 after running the $1.8 billion endowment for 20 years.
Corporate Moves
Northwestern Names Amy Falls New VP and CIO
She will be the first woman to oversee the $12.2 billion endowment.
Tufts University to End Direct Investments into Coal and Tar Sands
The school will also invest up to $25 million with climate impact funds.
Asset Allocation
Harvard Management Company Completes Restructuring Plan a Year Early
Narv Narvekar says the firm is benefiting from embracing a generalist approach over a ‘silo’ strategy.
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.
Pensions
Blackstone Poaches Brown’s Joe Dowling
Chair of university’s investment office tapped to co-lead firm’s $78 billion alternative asset unit.
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
Carnegie Picks Mark Baumgartner as New CIO
The former IAS finance chief and rocket scientist was vetted by predecessor Kim Lew.
Pensions
Why Brown Is Beating the Other Ivies
Markov Processes analyzes how Brown has managed to outperform its rivals in recent years.