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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