Industry News
The PFMAM outsourced cio business has about $35 billion in assets under management and has turned to the endowment and foundation space as an area of emphasis.
An outsourced cio has started an institute to facilitate investment-related data and research on topics like the global energy transition.
The university has hired an executive v.p. for finance at a Midwestern university to be its new cfo and oversee its financial objectives, policies and strategy.
The foundation has hired a new portfolio to help oversee its $2 billion endowment.
He has been with the plan since 2018 after joining from another Texas plan.
The firm raised $765.2 million in total commitments for the oversubscribed fund.
Donald Sanya has been appointed the new ceo of RBC Global Asset Management’s U.S. business.
The private equity firm has promoted one of its managing directors to oversee portfolio performance.
The new hire joins the firm from BlackRock, where he was head of the Americas fundamental fixed-income product strategy.
The fund closed at $404.5 million, bringing the firm’s total CLO assets under management to $1.26 billion.