Endowments
Paul Ballard, CEO and chief investment officer of the $70 billion Texas Treasury Safekeeping Trust, will retire effective Sept. 30.
Texas Permanent School Fund's one-year return fell below its benchmark return for the year ended June 30.
North Carolina State University Endowment returned 7.3% for its fiscal year ended June 30, putting it at a historical high of $1.4 billion.
Dartmouth College's endowment posted a net return of 7.5% for the fiscal year ended June 30.
Massachusetts Institute of Technology's endowment posted an 8.8% net return for the fiscal year ended June 30.
Timothy M. Donohue, CIO of Columbia University's endowment, was named chief investment officer of Kamehameha Schools.
Oklahoma Tobacco Settlement Endowment Trust Fund returned a net 5.3% for the fiscal year; its policy benchmark return was 6.3%.
Dean Takahashi, senior director at Yale University’s investment office, is stepping down from the position to devote his time to helping combat climate change.
Tilly Franklin was named CIO of the $3.8 billion endowment fund of University of Cambridge, replacing Nick Cavalla.
Five of the top 10 highest paid endowment chiefs worked for Yale's CIO, David Swensen, at some point earlier in their careers.