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Eastern Michigan University Hires Firm To Help Manage Investments

Eastern Michigan University E

Eastern Michigan University has chosen NEPC to manage the school's $58 million endowment fund. The firm was chosen from nine companies that responded to a request for proposals in November.

The Boston-based firm will provide oversight and assist EMU's Board of Regents in their efforts to revise the school's investment policies.  They will also recommend investment strategies and actions and perform quarterly reports on EMU's portfolio compared to benchmarks.

EMU is paying NEPC $95,000 a year for its services, but the amount could change over the span of the contract based on inflation.  The contract runs through March 2017.

Like many, I first came to this area when I started school at the University of Michigan, then fell in love with the community and haven’t left. After graduating from U of M in the mid 1990’s I interned at WDET for several years, while also working a variety of jobs in Ann Arbor. Then in 1999 I joined the WEMU news team.
Taylor Pinson is a former WEMU news reporter and engineer.
Taylor Pinson is a former WEMU news reporter and engineer.
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