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A Texas pension plan approved a search for a second emerging markets equity manager at this week’s board meeting.
The plan is seeking an independent investment advisor to advise on the management of its assets.
The new hire will lead Ares’ diversity, equity and inclusion activities internally, as well as serve as an advisor to support these initiatives at portfolio companies, the firm said.
A Rocky Mountain pension plan terminated its domestic small- to mid-cap core equity manager due to underperformance and personnel turnover.
The new hire will strengthen the investor solutions group, create tailored solutions for clients and develop new institutional relationships.
The hire concludes an RFP that was launched in September.
The acquisition aims to expand Hamilton Lane’s presence and capabilities in the U.S. private wealth channel.
He will oversee the private equity real estate investment firm’s acquisitions team and lead all acquisition, disposition, and leasing decisions.
An endowment in the West has completed its sale of social bonds and will use the proceeds to promote justice, inclusion, equity and community wellness for all residents of its state.
A university in the Midwest is searching for an investment analyst to help oversee its financial reserves, including its endowment.