Announcements
A global asset manager has closed its third fund providing loans to commercial properties for projects improving energy efficiency or environmental resiliency.
The New England-based firm recently held the final close of its fourth growth fund above its $450 million fundraising target.
The firm has sold its stake in a private equity manager, which has seen its assets under management quadruple to approximately $20 billion over the last seven years.
A private equity firm focused on the manufacturing and industrial sectors has raised a second fund with commitments from endowments, family offices and outsourced cios.
The foundation has named a new president and ceo following a search due to its head’s impending retirement.
The endowment’s president and ceo is stepping down form the role to focus on personal priorities and the organization has named its recently appointed v.p. of programs and grants as the interim ceo.
The peer-learning network has launched a Responsible Tech & AI Initiative to engage endowments, foundations and financial service firms around various risks related to their investments in technology and artificial intelligence.
The firm has named a new head of ETF capital markets to support the growth and efficient trading of its exchange-traded funds.
The firm has hired a head of client engagement to strengthen relationships and drive client satisfaction and retention as well as enhance the client experience.
The firm hired a global head of its investment management business to handle its strategic direction as well as all portfolio management, client and operational activities.