Industry News
Treasurer Adam Cloud announced his decision to retire at a board meeting today.
The previous CFO has been named CEO of Lazard’s asset management business.
He will be responsible for leading the equity quant investing business globally.
Woburn, Mass.-based Salem Capital serves high-net-worth families, individuals and small institutions.
The fund will partner with and support entrepreneurs leading technology and healthcare companies.
The fund focuses on distressed credit and special situations opportunities in developed global markets.
The institution has hired two portfolio managers and promoted a senior investment analyst to portfolio manager to help manage its endowment.
The firm named its head of impact and a principal on its investor services team as partners effective July 1.
The cio will serve on the investment committee alongside three other members tasked with ensuring the ethical nature of the Holy See’s equity investments.
The college appointed three new members to its board of trustees on July 1 with two of the new members serving on its investment committee.