Market Overview

Medical College of Georgia Foundation Selects TIAA Endowment & Philanthropic Services to Manage $240 Million Endowment


TIAA today announced TIAA Endowment & Philanthropic Services has been
selected as Outsourced Chief Investment Officer (OCIO) for the $240
million endowment of the Medical College of Georgia Foundation.

TIAA was selected for its solution that incorporates sophisticated risk
management and spending policy optimization, as well as a portfolio that
is diversified across traditional and high quality alternative asset
managers. The investment performance and extended suite of services
within TIAA Endowment & Philanthropic Services also played a key role in
the decision.

"We were seeking a solution to build upon our success," said Ian S.
Mercier, President and CEO of MCG Foundation. "Our endowment plays a
vital role in helping to support many future generations of faculty,
students and scientists and the advancement of education, research and
patient care at the Medical College of Georgia at Augusta University."

"We are committed to supporting the mission of the MCG Foundation to
improve quality of life for the people of Georgia and beyond," said
Kevin O'Leary, CEO of TIAA Endowment & Philanthropic Services. "Our
investment expertise and experience serving nonprofit clients will be an
important factor as they seek to advance their long term goals."

More information about TIAA Endowment & Philanthropic Services is
available at

About TIAA

With an award-winning1 track record for consistent investment
performance, TIAA ( is the leading provider of financial
services in the academic, research, medical, cultural and government
fields. TIAA has $1 trillion in assets under management (as of 6/30/20182)
and offers a wide range of financial solutions, including investing,
banking, advice and education, and retirement services.

About MCG

The Medical College of Georgia, Augusta University's founding school, is
the state's leading provider of physicians, graduating the largest
number of physicians of the five medical schools in Georgia. More than
51 percent of MCG graduates remain in Georgia to practice, well above
the average retention rate of 39 percent. In 2016 MCG graduated more
than two times the physicians going into primary care and core
specialties – like family medicine, internal medicine, pediatrics,
obstetrics and gynecology, emergency medicine and general surgery – than
any other medical school in the state of Georgia.

TIAA offers endowment management ("TIAA Endowments") and planned giving
services ("TIAA Kaspick") through subsidiaries of TIAA including TIAA
Endowment & Philanthropic Services, LLC, an investment advisor
registered with the Securities and Exchange Commission, and TIAA, FSB a
federal savings bank. Registration does not imply a certain level of
skill or training.

The material is for informational purposes only and should not be
regarded as a recommendation or an offer to buy or sell any product or
service to which this information may relate. Certain products and
services may not be available to all entities or persons. Past
performance does not guarantee future results.

©2018 Teachers Insurance and Annuity Association of America-College
Retirement Equities Fund, New York, NY 10017




The Lipper Large Fund Award is given to the group with the lowest
average decile ranking of three years' Consistent Return for
eligible funds over the three-year period ended 11/30/12 (36 fund
companies), 11/30/13 (48), 11/30/14 (48), 11/30/15 (37), 11/30/16
(34) and 11/30/17 (34) with at least five equity, five bond, or
three mixed-asset portfolios. Note this award pertains to mutual
funds within the TIAA-CREF group of mutual funds; other funds
distributed by Nuveen Securities were not included. From Thomson
Reuters Lipper Awards, © 2018 Thomson Reuters. All rights reserved.
Used by permission and protected by the Copyright Laws of the United
States. The printing, copying, redistribution, or retransmission of
this Content without express written permission is prohibited. Past
performance does not guarantee future results. Certain funds have
fee waivers in effect. Without such waivers ratings could be lower.
For current performance, rankings and prospectuses, please visit the
Research and Performance section on Nuveen Securities,
LLC, member FINRA and SIPC.
2 Based on $1 trillion of assets under management across Nuveen
Investments affiliates and TIAA investment management teams as of

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