Announcements
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.
A global alternative asset manager has made a slew of new hires and appointments recently.
The firm promoted its North American regional director of investments to global head of investments to lead its regional investment teams.
The university invested over $2 billion to back the launch of an index ETF that allocates 90% to the Standard & Poor’s 500 Index and 10% to the S&P U.S. Investment Grade Corporate Bond 1-3 Year Index.
The firm hired a head of investor relations to handle capital formation, investor communications and relationship management with current and prospective limited partners.
The firm has launched a new practice providing foundations, museum, educational institutions and endowments a dedicated resource offering tailored investment management, impact strategy and governance support.
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.
