Industry News
The foundation has appointed its next president and ceo as its current head is retiring after 17 years in the role and three decades of service at the organization.
The newly created role includes overseeing global sales, client engagement and marketing across the U.S., Europe and APAC.
LLCP Lower Middle Market IV closes with $2 billion in total capital commitments, surpassing its $1.7 billion target and closing at its hard cap.
The combined closings bring Francisco Partners’ total capital raised to more than $75 billion.
The firm brought on a new managing director from Clearlake Capital Group.
The trust’s ceo and cio recently left the organization after more than three years of service to launch their own investment advisory and outsourced cio firm.
The director recently left the institution after more than three years of service to join a nearby health system in a similar role, tasked with overseeing its portfolio.
The firm has added an operating partner to its council while hiring an investment partner and associate.
The foundation is searching for an investment analyst to join its three-year analyst program, which is structured as a generalist model.
The state treasurer is looking to fill a newly created director of investments position overseeing college savings and other savings programs in the state.
