George Washington University Appoints Strategic Investment Group for OCIO Mandate
Increasingly, university endowments are outsourcing investment functions that were traditionally performed in-house. According to the National Association of College and University Business Officers (NACUBO), 10% of colleges and universities with a minimum of US$ 1 billion in assets outsourced investment functions for their endowments in 2013. George Washington University has been searching for an outsourced chief investment officer (OCIO) since March 2014. [ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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