Industry News
The west coast firm has agreed to acquire a trust company providing private trustee and investment management services to high-net-worth individuals and families, local foundations and endowments.
The new hire worked for more than two years as an investment officer on the private equity team at the Washington State Investment Board.
The firm hired a philanthropic director to help organizations with board governance and dynamics, grantmaking, fundraising and high-impact investing.
He served as a voting trustee for over 20 years and served on the executive and investment and endowment committees.
Sriram Lakshminarayanan was appointed cio of the $40.8 billion Iowa Public Employees Retirement System in January after serving as the plan’s chief risk officer since 2014. He took the time to answer 5 questions with FIN News.
He will develop and oversee the firm’s digital asset strategy.
He will drive and grow business with international clients from Latin America and Asia.
They will be responsible for building private equity relationships and overseeing investor relations, capital markets and project management.
The St. Louis-based firm hired a co-cio to lead its discretionary investment business and head its manager research function.
The university hired an investment analyst in its search for junior investment team members to assist in the oversight of its approximately $3.5 billion endowment.