Industry News
More than one-third of higher education institutions are not making endowment portfolio changes despite the headwinds they face in the current financial environment and the seemingly constant stream of changes.
The new investment director will operate as a generalist and be involved in the investment manager due diligence process across asset classes.
The fundraise represents a 35% increase over Fund VIII and brings Veritas’s AUM to more than $54 billion.
The college has hired a new v.p. of finance and administration to oversee fiscal and investment operations following a search from last year.
The oversubscribed fund is the largest in the firm’s history.
The new hire will oversee the firm’s portfolio support group and lead its value creation initiatives.
Aristotle Capital Management expanded its investment team with two new hires
The foundation has hired an investment analyst to help oversee its portfolio and be responsible for manager coverage.
The university hired a new v.p. for finance and administration in the second quarter to oversee all aspects of strategic financial matters, internal control structures, financial accounting and reporting and management of cash and securities.
The firm is expanding its global credit team, which includes more than 40 portfolio managers and analysts, with appointments in London, New York and Rotterdam.