The alternative credit team additions reinforce the firm’s commitment to providing institutional and high-net-worth investors with an increasing number of differentiated alternative investment offerings.
The fund’s general investment consultant is recommending a private credit commitment to an evergreen strategy targeting an initial fundraise of $1 billion to $2 billion.
The trust company is seeking an analyst or associate to perform market research, due diligence, investment monitoring and preparation of materials for venture capital and buyout investments.
A U.S. representative in the South has reintroduced legislation to institute an excise tax on the endowments of 11 U.S. universities to 6% from the current 1.4%.
The school decided against divesting its endowment from companies and industries implicated in military and police violence in Gaza and the West Bank as the portfolio had a de minimis exposure to identified stocks.
The tribe is seeking individuals with a background in business, investments or financial management to join its investment management board, which is tasked with the management and oversight of the organization’s various investment funds.