Industry News
The college is conducting a search for a director of investments to help oversee and manage its endowment after its investment director took a career sabbatical.
The fund recently closed its third healthcare services buyout fund above its original fundraising target of $650 million.
He joins the firm from a similar role at Manulife Investment Management.
Community foundations continue to show interest in private investments as they look to increase their allocations to the strategies, while the number that they have an outsourced cio model increased from last year.
The college has hired a new cfo to oversee its finances and investments after its previous finance head left at the beginning of the year for a new role.
The search is being conducted as part of a previously approved investment consultant strategy.
The firm closed the fund with $2.75 billion in commitments, surpassing its $2 billion target.
The executive director of the $22.2 billion pension plan appears to have left the position.
The close of the fund marks the largest fundraise ever for the private markets firm.
The firm bolstered its fixed-income business with a hire that most recently served at Northern Trust Asset Management.