Daily Feed
The hires followed finalist interviews held at last month’s board meeting while the fund decided against hiring either of the two closed-end core real estate managers it considered.
The foundation, formed from the recent acquisition of a regional hospice and palliative care provider, is searching for a firm to help update the governance and investment management process for its portfolio.
The new partner and global head of ESG will oversee and develop the firm’s established ESG strategy.
The firm appointed a West market business leader to expand its wealth capabilities.
The university has added two commitments as part of its initiative to invest 5% of its portfolio in impact investments, while reducing the carbon footprint of its portfolio over the last two years.
The Western state senator has introduced a bill to create a nonprofit and endowment to support economic development and diversification in communities across the state that have historically relied on fossil fuels.
Northern Trust Wealth Management has appointed a senior managing director to lead its Barrington, Ill. office and lead a team of banking, trust and investment professionals in delivering holistic advice and client service to foundations, endowments and other investors.
The plan is looking to place nearly $770 million with two managers.
The plan committed $700 million to two alternative managers.
Plan added a $20 million re-up commitment at this month’s board meeting.
