Announcements

People Moves
Global Asset Manager Hires Private Equity Impact Investing MD From Nearby PE Mgr.

The firm has hired a managing director within its private equity impact investing team to identify, execute and manage direct private equity investments in key thematic impact sectors.

08.16.23
Private Equity
Private Equity Manager Closes Fund Above Target

The firm closed its private equity strategy, which focuses on control investments in franchisor and multi-unit companies, with almost $600 million in total commitments, surpassing its $475 million target.

08.16.23
MRI/Social Investments
Midwest Enterprise Launches Impact Fund With Foundation Support

The social enterprise organization has launched a $50 million impact vehicle to revitalize urban areas that has garnered investments from several prominent foundations.

08.10.23
Administrator/Record Keeper
Regulatory Agency Fines 11 Firms For Record Keeping Failures

A federal securities regulator has fined 11 firms with failing to preserve electronic communications.

08.10.23
People Moves
Growth Equity Mgr. Expands Distribution Presence

The firm has hired two senior professionals to expand its distribution presence in Europe and Asia.

08.10.23
People Moves
Northeast University Elects Two To Board Of Trustees

The institution elected two new board of trustee members and recognized three members becoming life trustees at a May meeting.

08.10.23
People Moves
Mid-Atlantic College Adds Two Board Members

The college named two senior professionals at investment advisory firms to its board of trustees at the end of July.

08.10.23
People Moves
West Coast Wealth Mgr. Acquires Regional Investment Advisor

The firm has acquired a registered investment advisor that brings more than $180 million in assets under management and a focus on Washington state.

08.09.23
People Moves
Investment Consultant Adds Senior V.P. Focused On Nonprofits

The firm hired a senior v.p. and investment consultant focused on nonprofit organizations as part of its client solutions team.

08.08.23
People Moves
Midwest Women’s College Names Interim V.P. For Finance

The institution has named an interim v.p. for finance and administration to oversee its investment program after its previous finance head left after over one year in the role.

08.08.23