Announcements
The foundation established a new endowment to support core institutional needs at historically Black colleges and universities, including infrastructure, technology and institutional capacity.
The fund will spend down its entire endowment to zero after accelerating its planned spend-out with nearly $24 million in grants in the last 15 months.
The investment manager added a head of fixed-income trading and a director and portfolio manager of another asset manager as portfolio managers and managing directors on its emerging market debt team.
The foundation’s current finance head is set to retire at the end of the year after a decade of service.
The firm closed its inaugural venture capital fund with more than $60 million in commitments from institutional investors, corporates, multi-family offices and other strategic backers.
The venture and growth equity firm focused exclusively on healthcare companies recently completed the final close on its fourth fund.
The foundation has committed to anchor a newly launched fund designed to close the gap in underfunded nature-based solutions.
The endowment hired the deputy cio of responsible investing for the New York City Comptroller’s Bureau of Asset Management to serve as a managing director and help lead its portfolio strategy.
The wealth manager and registered investment advisor is acquiring a West coast-based institutional investment consulting firm to help support its investment strategy, fiduciary governance and portfolio oversight.
The managing director of business development will lead the firm’s capital formation and overall business development efforts.
