Industry News
New co-ceos will succeed the firm’s first ceo at the start of 2024.
The oversubscribed fund closed with approximately $600 million.
Plan’s current executive director will retire at the end of the year after a decade in the position.
The nonprofit has hired the executive director and cio of a nearby public defined benefit plan as deputy cio and they will succeed the nonprofit’s cio following their planned retirement in summer 2024.
The foundation is searching for newly created roles of v.p. of public markets and a v.p. of investment operations following the appointment of a new ceo and cio in the first quarter.
The foundation’s investment head retired this year after more than nine years of service and the role has been filled.
John Balbach serves as director of impact investments at the MacArthur Foundation and manages the operations of the Chicago-based organization’s approximately $500 million impact investment pool. He took the time to answer 5 questions with FIN News.
The West Coast-based outsourced cio’s DEI efforts have diversified its team and enhanced its engagement with diverse-owned managers.
John Bruen has joined H.I.G. Capital as a managing director on the senior infrastructure team.
The plan’s executive director and cio will depart after serving in both positions since 2018.