Industry News
The new head of investor relations joined the firm this week from HMI Capital.
Historically Black colleges and universities have had to operate without the support and resources made available to their peers traditionally, yet they have persisted in fostering their students and communities.
The institutions are facing new and increased pressure to leverage their endowment investments to ensure continued independence and long-term sustainability, something that is proving to be difficult as HBCU investment returns have lagged their non-HBCU peers for the past three years due to smaller allocations to alternatives and significantly fewer investment management resources, among other factors.
The director of investments will help oversee and manage the university’s endowment.
The health system has added a director of pension and investments to help manage its portfolio after nearly a decade at a nearby university.
The global investment firm has hired a managing director to oversee a newly combined investment and client solutions group.
The federal regulatory body has appointed a new director for its division of investment management following a departure.
The firm recently hired a new head of sales and appointed a head of business development.
The senior investment officer, which was responsible for portfolio construction and manager selection for the institution’s private equity assets, has left to launch his own private equity firm.
The investment manager has launched an outsourced cio business for financial advisors and institutions.
Market enthusiasm generated by the rapid development of new artificial intelligence products has may signal innovation and growth in the long term, though some of that enthusiasm may have led the markets to overvalue some public equity stocks or venture funds in the short-term, according to an outsourced cio.