People
Investment Advisor Names Client Relations Lead

The firm has hired a head of client service to oversee the ongoing design and execution of the overall client service experience.

01.26.23
People
Wealth & Advisory Firm Adds Wealth Mgmt. Team From Merrill Lynch

The firm added a 12-person team in the Boston area from Merrill Lynch to provide portfolio management, retirement planning, investment consulting and other wealth management services.

01.26.23
Consultant/OCIO/Discretionary
Lutheran Foundation Moves To Outsourced CIO Model

The foundation affiliated with the Lutheran church moved to an outsourced cio model from a traditional investment consultant model following a search from last year.

01.26.23
People
Midwest Foundation Adds Investment Analyst

The foundation has hired an investment analyst to help oversee its portfolio and provide research, reporting and due diligence of external managers.

01.25.23
Consultant/OCIO/Discretionary
Midwest Public Trust Seeks Discretionary Investment Mgr.

The public trust fund is searching for discretionary investment managers to handle a portion of its $871 million investment portfolio comprised of fixed-income investments.

01.25.23
Industry News
Western University Partners With Toigo Foundation To Fund 20 Fellowships

The university will fund 20 fellowships for its graduate students that are looking to become leaders in the finance industry and each fellow will have an individual mentor from the university’s investment staff.

01.25.23
Searches & Hires
Southern University Adds PE, Real Asset, Equity And Fixed-Income Investments W/ New Mgrs.

The university approved private equity, real asset, international equity and fixed-income investments with new managers in the second half of 2022.

01.24.23
Consultant/OCIO/Discretionary
Mid-Atlantic College Hires Inaugural Outsourced CIO

The college has hired its first-ever outsourced cio to manage its endowment due to the departure of a senior staff member late last year.

01.24.23
Trends
Nonprofit News Special Report: 2023 Alternative Investments Outlook

As nonprofit investors expect market volatility to continue, with the possibility of an economic recession on the horizon, many are seeking early-stage private equity, private debt, real estate, infrastructure or hedge fund strategies to capitalize on macro trends that include a slowdown in economic growth, rising inflation, emerging technologies and demographic trends.

01.19.23
Industry News
Investment Consultant Acquires Southern Wealth Advisory Team

The firm acquired an advisory team that oversees more than $2 billion on behalf of individuals, families, endowments and foundations, the majority of which are located in the middle Tennessee region.

01.19.23