Added: Alda Stoner - Date: 01.09.2021 00:24 - Views: 28426 - Clicks: 8804
A partnership between Princeton University and the New Jersey Educational Facilities Authority EFA will expand opportunities for colleges and universities to invest with diverse asset managers. The financing represents the largest transaction in EFA history. Princeton worked with EFA to ensure a portion of recent bond proceeds is invested and managed by a diverse-owned asset management firm.
The appointment of Ramirez Asset Management is historic. It marks the first time EFA worked with an educational institution Princeton and an investment manager PFM Asset Management to ensure a portion of bond proceeds are invested by a diverse-owned firm. It is our hope that this model will encourage other universities to similarly think creatively, expanding existing relationships with minority, women or veteran owned firms. Sam Ramirez Jr. RAM is part of the oldest Hispanic investment firm in the U. We look forward to our relationship with Princeton and believe this type of partnership, which facilitates growth for RAM and Princeton, can serve as a model for other institutions.
The inclusion of Ramirez Asset Management as a sub-adviser in the Princeton issuance was not the only diverse-owned business included in the bond issuance, as both the financial printer and the verification agent used by EFA were diverse-owned firms. Additionally, the underwriting firms comprising the two winning syndicates for the bonds were among the most diverse in recent memory: of the 25 firms across both series, 13 were minority, women, veteran, or service-disabled veteran-owned firms.
The Princeton bonds issued through the EFA were authorized for the purpose of financing, in whole or in part, the costs of the acquisition, construction, renovation and installation of capital assets. This, in part, includes campus construction that will support the expansion of the undergraduate student body. Princeton partners with state authority to support diverse-owned financial firms and provide new investment options for college and universities in New Jersey Emily Aronson, Office of Communications.
July 15, p. Photo by. Nick Barberio, Office of Communications. Princeton adopts plan to support more diverse-owned businesses, broaden pool of University suppliers . Nine elected to Princeton Board of Trustees . Excerpts from the University's motions seeking summary judgment . Six elected to Princeton Board of Trustees . Nine named to Princeton Board of Trustees .College sex snapchat
email: [email protected] - phone:(749) 586-7433 x 7024
Mamas, Don’t Let Your Babies Grow Up to Use Snapchat