Three prominent investment managers are forming a strategic alliance to develop multi-asset investment solutions that integrate public and private markets as well as active and index strategies.
The university’s previous investment head left in late 2024 to join a New England-based venture capital manager, where they are involved with strategic partnerships and impact.
The firm has combined its global fund services and global corporate trust teams into a single investment services division.
The university recently hired a senior investment officer focused on private equity from a mid-Atlantic-based institution, where they worked for more than 14 years.
The foundation selected two firms to provide investment management services for its portfolio after issuing an RFP in late 2023.
The university selected an investment advisor to wrap up its search from the second quarter of 2024 seeking a firm to help establish and maintain an investment portfolio for its cash flow requirements.
The foundation swapped domestic large-cap equity firms within its long-term portfolio as its incumbent managers have underperformed.
The firm’s new managing director of institutional consulting services will bring a dynamic and strategic approach to client relationship management, business development and product innovation.
The global private investment firm recently invested $825 million in the insurance and asset manager to acquire a nearly 10% stake in the company.
The chief operating and financial officer will retire later this year after more than two decades of service, including helping the organization achieve values-alignment with more than 80% of its endowment.