ENDOWMENT TRUSTEES
– Large Cap Value manager – This is the combined results of the Institutional Discretionary Portfolio (IDP) manager and Blackrock. The IDP has been in place (managed) since October. The combined efforts resulted in a gain of 19.2% compared to its benchmark (S&P/Citigroup Value) of 19.7%. The new manager was hired because the Trustees felt that the overall performance of Blackrock was good ... ................
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