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.
The social enterprise organization has launched a $50 million impact vehicle to revitalize urban areas that has garnered investments from several prominent foundations.
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.
The college has hired a new v.p. for finance and cfo to lead all aspects of its financial operations, including budgeting, accounting and investment practices, from a nearby university.