The firm has hired a senior investment consultant to work with institutional clients, including foundations, endowments, healthcare organizations and retirement plans.
Devitt serves as a senior investment advisor at financial services company Moneta, where she also held the position of cio from June 2021 through January 2024.
Endowments and foundations are increasingly turning to outsourced cios with the growth largely driven by smaller institutions, according to new research.
The firm recently added managing directors from a mid-Atlantic retirement system and the investment management arm of an aerospace and defense company.
The alternative asset manager closed its third digital infrastructure fund targeting ownership and development of data center or other real assets at its hard-cap.