Industry News
The Kinterra Battery Metals Mining Fund closed above its fundraise target with $565 million in committed capital.
Regardless of whether inflation continues to slow or the global economy steers clear of a recession, endowments and foundations should not base portfolio construction on market timing but instead focus on longer-term areas of opportunity like private equity and international equities, according to one consulting firm.
The firm has completed an initial close of its fund targeting sustainably managed forestlands with more than $200 million in commitments.
The global asset manager has raised approximately $1 billion for an energy transition infrastructure fund.
The firm has hired a managing director to oversee its DEI investment portfolio and HBCU investment strategy.
The university added a principal to its investment team in the third quarter to focus on real estate investments.
The college hired a new v.p. for business and finance and cfo to oversee its finances and help manage its endowment after its previous finance head retired in May.
The institution hired a director of investments to assist in the oversight and management of its $1.1 billion portfolio after launching a search in the second quarter.
The health system has hired a cio from a nearby university to direct its investment strategy.
The executive director is the subject of a personnel-related investigation that is currently being conducted by an outside third party.