Endowments & Foundations

A recent trend has materialized where endowments and foundations are migrating from balanced portfolio investment managers to managers that specialize in a specific asset class. No longer is it customary for these institutions, whether large or small, to place all of their equity and fixed income assignments with just one firm.

As a specialist in fixed income portfolio management, Cavanaugh Capital Management (CCM) has benefited from this trend. CCM offers endowment and foundation clients a conservative fixed income approach with proven risk management. CCM’s clients have found that a conservative fixed income profile allows for greater capacity to take risk in higher-returning asset classes such as equities. Moreover, CCM understands that smaller to mid-sized foundations are cost-sensitive as they conserve funds to support their programs and missions. CCM offers a competitive fee schedule that helps to meet these needs.

Separately, some members of CCM's staff serve as trustees for the Cavanaugh Financial Group Charitable Foundation. As a result, CCM is able to draw upon its experiences to assist clients in the establishment and development of grantmaking policies and procedures. CCM also advises clients on other foundation-related concerns, all of which is an added value service.