Announcements
The acquisition agreement will generate a combined diversified global asset manager overseeing approximately $571 billion in assets.
The foundation made a $12 million donation to the United Negro College Fund to provide permanent endowment capital to 12 selected member schools.
The plan has hired a wealth management firm as its new investment manager and the firm has entered a strategic collaboration to modernize the college savings plan.
The firm announced the first close for its latest alternative credit investment strategy exceeding $1 billion in new capital commitments.
The foundation has promoted its managing director and interim cio as its permanent cio after its cio left the role in May.
The foundation has named a new cio to oversee its more than $2 billion portfolio after they left heading the investment management at a Midwestern foundation.
The college has appointed four new members to its board of trustees, including one investment professional and another that works at a large asset management firm.
The firm is acquiring a systematic options-based income ETF manager and the combined platform will position the firm as the eighth largest active ETF manager.
The university named its finance head as its interim president last month as its president retired on June 30 after 17 years of service in the role.
The firm recently held the final close for its fifth private equity fund in an oversubscribed fundraise.