Daily Feed

People Moves
AndCo Promotes Executive Research Director

He first joined the firm in 2012 and previously served as research director.

01.26.23
Real Assets
Midwest Plan Approves Real Assets, Real Estate Pacing Plans

The plan anticipates committing up to $565 million total to the two asset classes this year.

01.26.23
REIT
West Coast University Increases Existing REIT Investment

The university will invest an additional $500 million in the REIT on March 1 and the investment will have the same structure, terms and fees as the initial investment.

01.26.23
People Moves
Investment Advisor Names Client Relations Lead

The firm has hired a head of client service to oversee the ongoing design and execution of the overall client service experience.

01.26.23
People Moves
Outsourced CIO Co-CIO Leaving For Family Office

The partner and co-cio of the outsourced cio firm is leaving at the end of the first quarter to join a New England-based family office.

01.26.23
People Moves
Wealth & Advisory Firm Adds Wealth Mgmt. Team From Merrill Lynch

The firm added a 12-person team in the Boston area from Merrill Lynch to provide portfolio management, retirement planning, investment consulting and other wealth management services.

01.26.23
Consultant/OCIO/Discretionary
Mid-Atlantic College Hires Firm For Operating Portfolio

The college has hired an investment consultant to wrap up its search for a firm for its short duration operating fund portfolio.

01.26.23
Consultant/OCIO/Discretionary
Lutheran Foundation Moves To Outsourced CIO Model

The foundation affiliated with the Lutheran church moved to an outsourced cio model from a traditional investment consultant model following a search from last year.

01.26.23
People Moves
Northeast Tribe Seeks Investment Mgmt. Board Member

The tribe has issued an RFQ seeking individuals to join its investment management board, which is tasked with the management and oversight of the tribe’s various investment funds.

01.25.23
Surveys/Studies
Poor 2022 Public Market Returns Drop U.S. Foundation Assets: FoundationMark

U.S. foundation assets fell nearly $250 billion in 2022 and are now at their lowest level since December 2018.

01.25.23