Industry News

Surveys/Studies
E&F Return Expectations Muted, Increased Alternatives Role Anticipated: Study

A new study finds that endowments and foundations’ investment expectations are muted given an uncertain market environment, while they anticipate alternatives having an increased role in portfolios.

11.08.23
ESG
Investment Consultant Enhances Due Diligence Questionnaire

The firm has revised its due diligence questions around sustainability and diversity, equity and inclusion.

11.08.23
Industry News
PSG Equity Raises €2.6 Billion For 2nd European Fund

PSG Equity announced the final close of its second Europe-focused fund with more than €2.6 ($2.9) billion in commitments.

11.08.23
Industry News
RidgeLake Takes Minority Stake In Gridiron

RidgeLake Partners’ passive minority investment will provide Gridiron Capital with long-term capital to support its ongoing growth.

11.08.23
MRI/Social Investments
KKR Closes Second Global Impact Fund

The global asset manager raised nearly $3 billion from institutional investors for its second private equity fund focused on impact investments.

11.08.23
People Moves
Midwest Foundation To Search For Next CEO

The foundation will initiate a search for its next president and ceo at the start of 2024 as its current head will depart after more than three decades at the organization.

11.08.23
People Moves
Southern Foundation CFO Dies

The foundation’s cfo died unexpectedly at the end of the third quarter after seven years in the role.

11.08.23
People Moves
Investment Consultant Managing Principal Departing

A managing principal and consultant at the firm will leave in the first quarter after more than two decades of service.

11.08.23
Equity
Financial Advisory Firm Launches Equity Research Group, Names Lead Analyst

The firm has launched an equity research group to further build and develop its efforts in the global sustainable energy, technology and infrastructure markets and hired a lead analyst to head the group.

11.08.23
Industry News
Investment Consultant Acquires Investment Advisor & Financial Planner

The firm has acquired a North Carolina-based investment advisor and financial planning firm with more than $1.3 billion in assets.

11.08.23