Asset Allocation
Endowments, Foundations Increase OCIO Use, but Underutilize Alts
A CAPTRUST survey also found that the number of nonprofits allocating to ESG investments decreased in 2022.
Tag: Foundations
Manager Selection
Heinz Endowments Name New President
The Heinz family announced the appointment of Chris DeCardy after a 10-month search to fill the role.
Newsmakers
Helmsley Charitable Trust CIO Rosalind Hewsenian to Retire at End of 2023
Director of Investments Joshua Fenton will succeed as head of the $8.3 billion philanthropic fund.
Dauntless Allocators Stick With Calamitous Cryptocurrency
Institutions keep their toeholds in bitcoin and others amid epic market slide.
Alternatives
How Endowments and Foundations Can Energize Flagging Returns
A better assessment of risk and active management can turn things around, says a report from NACUBO and Nuveen.
CIO Innovation Awards: Nominations Open Until August 12
Nominate your best asset owners and managers for this year’s 11th awards gala bash.
How Allocators Are Honing Asset Strategies, Amid a Problematical Future
Many institutional investors have positioned their funds to generate returns, while others are girding for further volatility.
Tactical Shifts: How Institutional Investors Are Adjusting Asset Mixes Now
Private credit, real estate, emerging markets. Here are the ways CIOs at HOOPP, the James Irvine Foundation, and two others are solving the allocation puzzle.
Corporate Moves
WK Kellogg CIO Joel Wittenberg to Go into Consulting
The philanthropy has launched a search for a replacement.
Asset Management Culture
Former FEG Chief Executive Scott Harsh Takes Consulting Job at NEPC
He’s coming out of retirement to help the firm expand its presence in the Southeast and Midwest.
Corporate Moves
4 Industry Moves at Brown Brothers Harriman, Kresge Foundation, Wespath
Here are some of the biggest people switches in the industry from the past month.
Corporate Moves
Texas A&M Foundation Taps Michael Pia for CIO
The former Texas TRS managing director will oversee the roughly $1.9 billion university endowment.
Asset Management Culture
Women, Minorities Manage Just 13% of Charitable Assets, Study Finds
That share of the pie gets even smaller—to 3%—when more stringent definitions of ‘diversity’ are applied.
Risk
Artificial Intelligence? Start Investing Now, Says Foundation Group
Two major US private foundations lead venture capital push into AI, which they say will disrupt multiple industries.
CIOs Discuss Overcoming Sector-Based Challenges with Management, Boards
From corporations to endowments, CIOs deal with idiosyncratic matters, depending on the sector.