Industry News
The foundation has hired a new director of investment operations to oversee all operational and investment support functions for its portfolio after its previous director left in the third quarter.
A New York University managing director of investments has left the institution to join the Museum of Modern Art as its next investment head following a search from the second half of 2022.
Scott Mather had taken a leave of absence from the firm starting in October.
The firm has promoted one new partner and five managing directors.
Main problems commonly cited by institutions were underperformance and outcomes that differ from the intended result, according to the report.
New director of institutional business development joins from Lazard Asset Management.
The investment advisor absorbed substantially all the wealth and investment management firm’s $1.75 billion in assets in a deal that closed earlier this month.
The firm has made a strategic minority investment in an investment advisor that has $6 billion in assets under management and advisement.
The firm has completed its acquisition of a specialist global ESG and impact fixed-income investment manager, adding approximately $1 billion to its total assets under management.
