PRESS RELEASE
Council Of Independent Colleges & OCIO Firm Angeles Enter Partnership Agreement

The Council of Independent Colleges (CIC) & Angeles Investments to Drive Endowment Insights for Higher Education Institutions Through Long-Term Agreement

Santa Monica, California, August 8th, 2023 — Angeles Investments, a multi-asset investment firm and OCIO (Outsourced Chief Investment Officer), announced today that it has entered into a long-term sponsorship agreement with the Council of Independent Colleges (CIC), a U.S.-based association of over 700 colleges, universities and higher education affiliates. The three-year partnership is geared towards strengthening higher education endowments through a sharing of investment insights and best practices.

"Angeles is committed to supporting the CIC community by applying our two decades of experience partnering with educational institutions," said Howard Perlow, CEO and Co-founder of Angeles. "We are thrilled to join Marjorie and the CIC team and offer resources to school administrators and trustees at a time when independent colleges face numerous challenges and consequential strategic decisions."

In addition to attendance and participation at CIC events, Angeles will work with the CIC team to develop and make available to CIC members educational and thought leadership content such as topical white-papers, videos, podcasts, and webinars touching on topics related to endowment literacy and financial sustainability.

Marjorie Hass, president of CIC, said, "Our collaboration with Angeles affirms our member schools' prioritization of long-term financial sustainability and the fiduciary responsibility to provide administrators and trustees with relevant resources and perspectives as they grapple with a shifting landscape."

CIC will acknowledge Angeles as one of the association's new Sector Champion Sponsors. Angeles will sponsor and be involved in CIC's 2023 and 2024 Institute for Chief Academic Officers (CAOI) and CIC's 2024 and 2025 Presidents Institute (PI).

About Angeles Investments:

Angeles Investments is a multi-asset investment firm and OCIO (Outsourced Chief Investment Office), founded in 2001, building customized portfolios for institutional and private wealth investors. Angeles has an investment office offering proprietary research and portfolio implementation including policy writing, asset allocation strategy, manager due diligence and investment execution, along with back-office support. Angeles is a Certified B Corporation, a standout recognition within the OCIO industry.

About the Council of Independent Colleges (CIC):

The Council of Independent Colleges (CIC), founded in 1956, is an association of nonprofit independent colleges and universities, state-based councils and higher education affiliates that works to support college and university leadership, advance institutional excellence and enhance public understanding of independent higher education's contributions to society. For more information on the Council of Independent Colleges, please visit https://cic.edu/

Media Contacts:

Prosek Partners for Angeles Investments
Pro-angeles@prosek.com

Angeles Investment Advisors, LLC is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. More information about Angeles Investment Advisors’ investment advisory services can be found in its Form ADV Part 2, which is available upon request.