The firm has named a sole head of impact investments after the individual had previously held the role alongside another employee who is now focused on investor relations.
The managing director of a Northeastern university has joined a mid-Atlantic-based foundation as v.p. to oversee its public equity, public real assets and public fixed-income portfolios.
The foundation is searching for a head of finance to oversee its fiscal operations and investments.
The foundation committed an undisclosed amount as an anchor investment to a new private credit strategy focused on senior secured facilities, mezzanine facilities and participating capital and asset-backed loans.
The fund will consider adding an upper middle market direct lending strategy to its portfolio as part of its buildout of some illiquid asset classes.
The college has hired an alumnus to serve as its next v.p. for finance and business and treasurer and oversee its finances and investments.
The foundation’s board of trustees has elected a new chair and chair-elect for its board of directors, while also appointing new board of directors members during its September meeting.
The firm will host its inaugural Public and Private Mission Driven Investing Manager Research Day at the end of the fourth quarter and is seeking firms to participate in interviews about their strategies.
The foundation added impact private equity and emerging markets equity strategies with new managers within its endowment in the first half of 2023.
The Radnor, Pa.-based discretionary manager focuses as much on advice as manager selection for its nonprofit clients.