Industry News
The firm today announced several recent organizational and leadership changes.
The bill will help ensure colleges and universities are providing opportunities to women and minority asset managers by mandating transparency and standardizing data collection.
The executive chair of the outsourced cio recently died after joining the mid-Atlantic based firm in the role in the third quarter.
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.