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A recent survey finds that endowments and foundations expect to continue increasing their allocations to alternative investments.
A foundation based in the Mid-Atlantic region added two hedge fund investments and a private real estate fund in the fourth quarter.
Goodman Financial Corporation has hired a chief client officer to oversee its financial advisory team and execute the client experience.
André Frei, co-ceo and executive committee member of Swiss private equity firm Partners Group, is stepping back from his roles to take over as its chairman of sustainability, the firm announced.
Global X Funds has named a senior v.p. and director of ETF model portfolio sales to support the expansion of its ETF model portfolio business.
They will jointly oversee all personnel, operational and portfolio management across the region, while maintaining existing leadership of the transactions and asset management activities.
The selected managers will be part of a new investment option.
The three firms will vie for a $112.5 million mandate.
Plan will conduct a search for domestic large-cap value managers in light of organizational changes at an incumbent firm.
The plan approved investing $7 million in a credit hedge fund at its board meeting yesterday.