Financial Investment News Announces Launch of Foundation & Endowment Publication

    /24-7PressRelease/ - NEW YORK, NY, October 09, 2007 - Financial Investment News (FIN), the premier independent source of news and market intelligence for the asset management industry and publisher of FINdaily and Emerging Manager Monthly, announces the launch of Nonprofit News, a weekly publication dedicated to foundation and endowment investments.

Nonprofit News aims to deliver reliable search leads, industry news and in-depth profiles of decision makers in this rapidly growing, yet underserved market. The publication will distribute each Thursday via e-mail. Stories will also be available throughout the week on www.npnews.com.

"Having proven to be the true leader in coverage of public pension fund searches, the foundation and endowment space is a logical extension for us," said Robert Cavallito, managing director and publisher. "Over the past two years we have listened to our readers' needs and one thing was clear—they need a tool dedicated to delivering reliable, actionable information on the foundation and endowment space."

FIN has hired Nickolas Lioudis as a dedicated reporter on Nonprofit News. He will report to Matthew McCue, managing director of FIN and managing editor of Nonprofit News. Nick is a recent graduate of Seton Hall University, having earned a BA in Journalism in May of 2007. Nick has extensive reporting experience with the Newark Star-Ledger, and most recently the Morristown Daily Record.

"Nick is everything you need in a reporter covering the foundation and endowment space—hardworking, driven and persistent. Our readers will see the results of that effort in Nonprofit News," said McCue.

Over the past month, prior to the official launch of Nonprofit News, stories were provided to FINdaily subscribers, including searches for hedge fund-of-funds, small-cap core and international equity managers and studies examining asset allocations and fixed-income portfolios.

"Our dedication to covering the public fund space has led to over 2,750 search leads in just over two years and we look forward to providing our readers with valuable business leads in the foundation and endowment space," said Gar Chung, managing director and data editor. "The addition of articles covering industry trends, profiles with investment consultants and foundation and endowment executives and important industry and investment manager news makes Nonprofit News a must-read for anyone in the space."

About Financial Investment News
Financial Investment News, a division of GRLM, LLC, is the premier independent news source for the asset management community. Founded in September 2005, FIN publishes FINdaily, a comprehensive source for manager searches and news from across the asset management industry, and Emerging Manager Monthly, the first and only newsletter dedicated to the emerging manager space.

For additional information on Nonprofit News, contact Robert Cavallito at 646.810.1072 or visit www.npnews.com. For editorial questions, contact Nick Lioudis at [email protected] or 646.810.1074.

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