Announcements
The firms plan to form a joint venture combining their cash equities and equity research businesses to provide investment insights into the American, European and Asia Pacific equity markets as well as liquidity access and leading global trading technology.
The acquisition increases Westwood’s total assets under management by 33% to $16.3 billion.
The firm recently hired a head of private market client solutions to optimize the role of private market investments in client portfolio as well as a director in its member strategy group to manage and maintain relationships with current and prospective clients.
The Western-based firm closed its inaugural fund, which invests in early-stage climate tech companies, with approximately $90 million in total commitments, above its $50 million target.
The firm recently added a senior investment advisor to support its foundation, endowment and institutional nonprofit clients.
The college is preparing to significantly increase its endowment to $750 million with a matching gift from an anonymous donor.
The firm has acquired a wealth management and asset management platform with over $1 billion in assets under advisement.
The global group of alternative asset managers has spearheaded a new standard format for ESG-related disclosures for private companies or investors in partnership with top investment firms.
The agricultural REIT has tabbed its president to become its next ceo in the first quarter of 2023 as part of executive succession plans.
The firm hired a managing director for its equity capital markets team to focus on origination and execution in the financial institutions and financial technology industries.
