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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.
Fundraise exceeded the firm’s original target of $1.5 billion.
The county last a search for the services in 2019.
He was most recently a shareholder and managing director at Verus.
The plan hired several managers at its board meeting today, totaling more than $1 billion.
The commitments conclude a real estate search that began last year.
The plan approved a private equity commitment at today’s meeting.