The investment manager has filled the newly created position of global head of family capital with the former managing director of a prominent asset manager.
Two prominent foundations are among the group of endowments, foundations, pensions, corporations and family offices to commit to a firm’s recently closed second venture fund.
The alternative assets-focused firm is launching an employee-ownership trust to recoup ownership stakes from its leadership team and redistribute to employees.
A global investment firm has expanded access for its alternative asset platform to its private banking and advisor clients as well as entities that have no relationship with the firm.
The investment consultant absorbed the investment advisor and financial planning firm’s base of clients totaling $1.4 billion in assets across 30 states.