Announcements
The outsourced cio has appointed the cio of a midwestern university endowment to its advisory board on the heels of hiring a new director.
The co-founder and co-executive chair of a leading global alternative manager is donating a substantial gift to a college preparatory boarding and day school – the largest single gift ever made to the institution.
The firm has hired a head of registered investment advisor distribution to lead business strategy, distribution and product development efforts within its RIA channel.
The nonprofit and a business leader have donated large gifts to a college in the region to expand its library.
Aquisition would allow Riverside to expand Townsend’s market position and for Aon to focus on further serving clients through its human capital and risk capital capabilities.
The college will receive an approximately $55 million gift – the largest bequest in the institution’s 140-year history – and invest approximately $50 million in its endowment.
The global manager has finalized the second close of its fund targeting sustainably managed forestlands globally with approximately $335 million in commitments.
The firm has named its next president to lead its strategy and operations as its current president is set to retire after holding the position since 2006.
The nonprofit has named its next president and ceo as its current head is set to retire this summer after more than 25 years of service.
The firm closed its latest flagship private market fund with nearly $4 billion in commitments from nonprofits and other institutional investors globally.