Industry News
The firm has $40.4 billion of $1.4 trillion in client assets invested with diverse managers.
The firm added an investment team member from Mutual of America Capital Management to focus investment research and portfolio management.
The 13 firms are said to either boycott fossil fuel companies or failed to reply to a questionnaire.
The Northeast-based firm has named a managing director of strategic partnerships to work on deepening its relationship with turnkey asset management platforms and broker-dealer/registered investment advisor platform distribution teams.
Most endowments are increasing risk and turning a blind eye to human rights violations and abuses related to labor, privacy.
The global banking conglomerate has acquired most assets of San Francisco-based First Republic Bank following its collapse.
The firm announced several promotions spanning its teams, including managing directors on its fund investments, real assets and client solutions groups.
The principal of investments joined in March after seven years at a nearby nonprofit, where they helped grow the institution’s assets to more than $1 billion from $250 million.
The foundation is searching for a cfo to oversee its finances and help manage its investments as the finance head hired following a search from 2020 is no longer with the institution.