Daily Feed
A public benefit corporation and ESG technology platform has closed its Series A investment round with $21 million.
A Chicago-based private equity firm has promoted two principals to managing directors.
A university based in the Midwest has hired a managing director to help oversee and manage its endowment.
A Dallas-based investment manager has hired a director of business development to lead its marketing and investor relations for existing and prospective investors.
An investment advisor has opened an office in the Pacific Northwest to expand its services in the Puget Sound region.
A university in the Mid-Atlantic region significantly increased its allocation to private equity investments over the course of the 2020 fiscal year.
Nonprofits are increasingly looking toward illiquid investments and fundraising for income due to downward pressure on their operating revenues as a result of the COVID-19 pandemic, according to a recent survey.
The plan made an additional commitment to its existing private equity program manager today.
Plan added several new asset classes as part of asset allocation targets approved at today’s board meeting.