Announcements
The foundation’s managing director of investments is stepping down at the end of the month after more than five years of service, in order to launch an investment advisory firm.
The global manager appointed a new executive v.p. and cfo to lead its financial operations, financial strategy and investor relations after its previous finance head left last year for another opportunity.
The firm has hired a new cio to lead its wealth management asset management group.
The firm recently hired a senior investment consultant to work with its growing institutional clients, including foundations, endowments, healthcare plans and retirement plans.
The firm successfully completed its acquisition of the management agreements related to the manager’s Canadian fund business, which totaled approximately $19 billion in assets.
The firm has hired an executive managing director and head of family office services to lead the delivery of its wealth management, fiduciary, tax, estate and administrative services to clients.
The governor vetoed legislation that would have mandated the state’s public universities invest a portion of their endowments into innovation funds, finding it did not adequately recognize the independent fiduciary responsibilities of the institutions.
A wealth and investment advisory firm has agreed to acquire a Philadelphia-based RIA to expand its presence in the region.
A religiously affiliated foundation based in the Midwest has promoted an associate to a director-level position leading investment management.
The organization changed its name to the Andrew Carnegie Foundation to honor its founder on the 115th anniversary of its formation.
