Funding for the new investment comes from the partial redemption of another hedge fund manager.
The asset manager has appointed its global co-cio to serve as its new president, responsible for developing the firm’s long-term strategy, executing operating plans, delivering investment performance, cultivating client relationships, managing vendor relationships and developing staff.
A university based on the East Coast is looking to add emerging private equity and venture capital managers to its portfolio.
The foundation has hired a director of impact investments to oversee its mission-aligned strategies.
The estate of the co-founder of Microsoft and philanthropist has started a new foundation promoting bioscience and environmental stewardship based on the West Coast.
The medical school has hired a new senior v.p. and cfo to manage its finances and investments following a search from earlier this year.
The fund reviewed proposed changes to the target asset allocation for its trust funds portfolio last month, including increases to private equity, public equity and private infrastructure.
The community college affiliated foundation is searching for an investment manager to oversee and provide discretionary management for its endowment.
The foundation hired a new investment consultant to take over duties from its incumbent consultant later this year following a search for the services.
The fund is looking to enhance the capacity and ability of community development financial institutions to provide technical assistance and capital access to economically disadvantaged communities in the state.