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The retirement plan committed to three firms following finalist interviews held yesterday.
The plan is searching for managers to handle more than $850 million.
The managing director works with nonprofit, religious, public and corporate clients and has been with the firm for over 25 years.
The plan also approved a private equity commitment as it continued talks in its ongoing asset/liability study at a meeting today.
The college is searching for its first investment advisor to help oversee and manage its portfolio of cash and investments.
The firm added a principal and consultant this month to provide investment strategy and financial planning services primarily for its foundation, endowment, nonprofit and family office clients.
The corporation has launched two RFPs seeking investment managers for its impact investment program and consultants for its fund that provides low-interest loans to real estate projects.
The foundation is searching for a senior investment associate to provide additional support to the investment team in its oversight and management of the organization’s endowment.
The firm has hired a head of exchange traded funds to steer the development of its foray into the ETF market due to the strategies growing popularity and versatility in the investment landscape.
Mark Baumgartner, cio of the $4.2 billion Carnegie Corporation of New York, will leave the organization in the fourth quarter to join the Dalio Family Office as its next investment head as its cio will transition to the role of senior advisor.