Daily Feed

Consultant/OCIO/Discretionary
Northeast Plan Approves Emergency General Consultant Search

The search relates to a reporting error in 2020.

11.17.22
Credit/Private Debt
Western Fund Approves New Private Debt Commitments

The fund added two private debt strategies to its portfolio as it has looked to increase allocations to private markets following approval of a revised target allocation last year.

11.17.22
Emerging/Diverse Managers
Investment Firm Seeks More Diverse Managers To Add To Growing Roster

The firm is looking to hire more diverse managers for client portfolios after adding several diverse firms, particularly in equity, private equity and venture capital, over the last two years.

11.17.22
People Moves
Asset & Wealth Mgmt. Firm Adds Sr. Advisor To Foundation Practice

The firm recently added a senior investment advisor to support its foundation, endowment and institutional nonprofit clients.

11.17.22
Surveys/Studies
Plan Sponsors Admit Inflation, Interest Rates Are Biggest Concerns For Markets: Survey

Corporate and healthcare pension plan sponsors agree that combating inflation and rising interest rates are among the biggest risks to markets over the next year, according to a recent survey.

11.17.22
Asset Study/Review
Midwest College Boosting Endowment With Record-Breaking Gift

The college is preparing to significantly increase its endowment to $750 million with a matching gift from an anonymous donor.

11.17.22
Industry News
Gallagher & Co. Acquires Wealth Mgmt. & Asset Mgmt. Platform

The firm has acquired a wealth management and asset management platform with over $1 billion in assets under advisement.

11.17.22
Surveys/Studies
VC Space Must Pivot Toward DEI Investments, Women & Minority Managers: Report

While diversity, equity and inclusion investments garner attention from the broader industry, U.S. venture capital firms have dedicated less than 2% of their assets to DEI investments, a new study finds.

11.17.22
People Moves
New England College Adds Investment Associates

The college recently added a pair of investment associates from an investment bank to focus on private equity and real assets.

11.17.22
Multi-Asset/Investment Advisor
New England Community College Foundation Seeks Investment Manager

The foundation is seeking an investment manager to handle its endowment after hiring a firm to create and manage a portfolio of index and exchange traded funds for diversification purposes in 2016.

11.17.22