Announcements
At least three nonprofit organizations have committed to a venture capital manager’s inaugural fund, which recently closed with more than $60 million in commitments.
The firm has promoted two team members as managing directors on its healthcare and investor relations teams.
The firm has named a new president and ceo after hiring a senior managing director within its RIA-focused business.
The new senior v.p. and cfo will oversee management of the college’s treasury, endowment, debt and retirement funds.
The new cfo and v.p. of administration will lead, manage and oversee the foundation’s operational and administrative areas.
The firm’s oversubscribed inaugural fund will focus on making structured minority investments in well-positioned wealth management firms throughout the U.S.
The foundation is conducting the RFP process to fulfill its fiduciary duty.
The fund has partnered with two managers to launch a duo of funds that bar investments in fossil fuel companies or conflict-affected areas.
The acquisition expands SageView’s presence on the East Coast by acquiring a mid-Atlantic based independent registered investment advisor that provides retirement plan consulting services to over 90 institutions and has more than $400 million in assets under advisement.
The association for municipal pensions has hired its first-ever cio to lead the investment strategy and portfolio management for its public employee retirement program.