Announcements
The investment consulting firm has acquired a Virginia-based wealth and investment management firm, which has 25 to 30 nonprofit clients in addition to family office, individual and institutional investors as well as financial service firms.
A veteran within the investment consultant space has started an advisory firm to assist investment managers that offer private markets strategies.
The two Christian-affiliated universities have agreed to merge campuses under one organization, while their endowments will remain separate.
The manager has expanded its ownership with two new shareholders, who will share in in decision-making control at the firm.
The foundation has elected the chair and ceo of an employee-owned investment manager to a six-year term on its board of trustees.
The firm elected the managing partner of a private equity firm as the new chair of its board of trustees in early March.
The firm hired a managing director and head of investor relations to lead its fundraising and investor relations activities as well as create and strengthen new and existing client relationships.
The cio of the employee-owned active equity manager will depart next year as part of a planned retirement and responsibilities will be assigned across the firm during the transition period.
Hire is tasked with developing an impact investing and advisory platform for the Baltimore-based firm’s clients, which include nonprofit organizations, institutions, individuals, families and financial intermediaries.
The global investment firm has hired a managing director to oversee a newly combined investment and client solutions group.