Industry News
The state retirement system added a private equity-focused portfolio manager to its team this month.
The plan will further consider nine managers in a search that was launched in May.
Outsourced cio usage is expected to “increase considerably’ over the next two years and nonprofit institutions are expected to adopt the discretionary model at the fastest rates, according to new research.
The firm has named its next investment head as its current cio is set to retire at the end of the year after more than 16 years of service.
The new hire will join TCW in October from American Century Investments.
The National Association of College and University Business Officers and Commonfund have launched their latest study on higher education endowments, which will be published next year.
The managing director left the foundation last month to help launch a wealth management firm, where they serve as cio.
The university is searching for an investment director to help oversee its portfolio and conduct qualitative and quantitative analysis and due diligence of managers as part of the build-out of its investment team.
The Northeast-based firm has launched a dedicated ESG consulting service line to support clients with implementing ESG frameworks, policies and procedures as well as conduct gap analysis.
The firm has hired a managing director within its private equity impact investing team to identify, execute and manage direct private equity investments in key thematic impact sectors.