Industry News
An investment office at a university based on the West Coast is looking to add a director of investments overseeing its portfolio.
The university is searching for an endowment counsel and minerals manager to represent and advise clients, facilitate investment transactions, lead legal support for investment portfolio activity and oversee the minerals portfolio’s accounting and reporting functions.
Jason Adams will source new investment opportunities, perform due diligence and support portfolio company management teams to help drive value creation.
The firm raised the fund in a single closing and completed less than five months after its launch.
The firm ported the small-cap growth equity team of Chicago-based emerging manager Bosun Asset Management last quarter.
The consultant’s new cio joined this week from Avantax Wealth Management.
The strategy exceeded its initial $1.25 billion hard cap.
The investment consulting firm’s 58-member team and $124 billion in non-discretionary assets under advisement will move to Cresset in a deal expected to close later this year.
Rishi Chhabria will lead the firm’s capital formation strategies and investor relations efforts.