Announcements
The firm, which provides private markets investments for registered investment advisors and financial intermediaries in the retail market, has added equity owners and several board members.
The trust has hired its next cio to oversee and manage its approximately $8.6 billion endowment as its investment head is set to retire in June after more than 21 years of service.
The firm has appointed new portfolio managers for three of its closed-end municipal bond funds.
The firm has agreed to acquire an investment advisor focused on ultra-high-net-worth families with offices in California, Colorado and Texas to strengthen its position within the high-net-worth advisory space.
The firm has launched a new short-duration bond fund focused on decarbonization with a seed commitment from an investment consulting firm, while also making several new appointments within its core multi-strategy business.
The firm has promoted five team members, including two to managing director, as they have contributed to accelerating the firm’s momentum in the space.
The firm has named two new leaders for its Dallas and Virginia offices to strengthen its brand in the region and support client and colleague success.
The university has elected its next chancellor to head its board of fellows and board of trustees and serve as a fiduciary of the university.
The foundation has added three nonprofit leaders to its board of directors with one expected to join its finance and investment committee, which oversees the organization’s endowment.
The foundation made an investment in an initiative that aims to increase capital access for Black/African-American, Latinx, Native American and other people of color-led businesses, nonprofit organizations, financial intermediaries and venture funds.
