Industry News
The appointment is part of a realignment of Prudential Financial’s senior business leadership structure.
The retirement system’s incumbent executive director will retire on March 31 after nearly 30 years of service, the last decade of which came in her current role.
The firm appointed its president of EMEA and global head of institutional banking and markets as co-presidents of asset serving as the current head is set to retire after 40 years at the firm.
The newly integrated division is now one of the largest in the country for institutional advisory services, strengthening retirement, outsourced cio and endowment capabilities across a unified national platform.
The fund hired an individual to lead its co-investment and direct investment program, which began last year as part of an updated strategic plan.
The foundation’s current managing director for private markets recently departed.
The firm launched an actively managed, high-conviction equity portfolio as it recognized the need for a diversified mix of energy sources to meet rising demand.
Virtus Investment Partners has completed the acquisition of a 35% minority interest in Crescent Cove Advisors.