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News at ASU

News at ASU
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Alabama State University Selects Private Wall Street Firm to Manage Endowment | The Journal of Blacks in Higher Education

Alabama State University Selects Private Wall Street Firm to Manage Endowment | The Journal of Blacks in Higher Education
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Alabama State University receives Wall Street firm s historic endowment assistance

Alabama State University receives Wall Street firm s historic endowment assistance
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Alabama State University receives Wall Street firm s historic endowment assistance - WEIS

(MONTGOMERY, Ala.) Alabama State University is partnering with private equity firm Neuberger Berman to manage the school's $125 million endowment – making it the largest such partnership between a Wall Street firm and a public historically Black college and university (HBCU) ever.The new relationship is a "blessing," according to ASU President Quinton T. Ross,

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