Announcements
An investment advisory firm serving several nonprofit clients has agreed to merge with a wealth management firm.
The specialized investment manager has added the former chief investment strategist at two of the top 15 global asset owners as a senior advisor to support investment and portfolio construction efforts.
The foundation has expanded its cio’s role to include overseeing financial operations as well as its compliance, audit and enterprise risk management functions.
The credit manager completed its acquisition of the systematic fixed-income manager after acquiring a minority stake in the firm in 2023 that gave the firm the option to acquire control over a multi-year term.
The firm recently hired a principal to source, execute and manage investments with a focus on healthcare and life sciences.
The college successfully completed its endowment grant challenge, securing $500 million to match a $500 million gift from a prominent philanthropist, to grow the portfolio to $1 billion.
The sports-focused, operator-founded private equity firm recently closed its inaugural sports fund “substantially” above its initial target.
The foundation named the managing director of a nearby investment office as its next cio to complete a search initiated last year as the previous investment head left to join a family office firm.
The foundation has named a new cio to oversee its investment portfolio as its previous investment head left last summer to pursue a new opportunity.
The firm has launched a proprietary proxy voting service for client assets where it has both investment discretion and proxy voting authority.