The firm hired a senior v.p. and investment consultant focused on nonprofit organizations as part of its client solutions team.
The college has hired a new v.p. for finance and cfo to lead all aspects of its financial operations, including budgeting, accounting and investment practices, from a nearby university.
The foundation will conduct a search for its next president as its current head will leave at the end of the year to pursue a new opportunity.
The Northeast-based firm completed the final closing of its first real estate hospitality fund with more than $275 million in equity commitments.
The university has elected four new members to its board of trustees, including one investment professional, and named a new board chair effective July 1.
The university added seven new members to its board of trustees, including one former investment professional and an operating advisor for a private equity firm.
The fund expects to receive recommendation from staff and its general investment consultant to hire extended equity 130/30 and multi-strategy hedge fund managers after approving a new asset allocation at its July board meeting.
The foundation expects to conduct a search for an investment advisor for its endowment later this year or early next year as its current advisor has struggled to recommend women- and minority-owned or led investment managers.
The college increased its endowment toward private equity and venture capital and increased its long-term ranges to the asset class for a second consecutive year.
The firm has hired a managing director and head of business development to expand its institutional business.