Industry News
The plan is seeking an executive search firm to hire a replacement for David Hunter, who resigned last month.
He will be heavily involved in risk management, quantitative models and data efforts.
The recommendations will now be brought to the Securities and Exchange Commission for further discussion.
PFM Asset Management will continue to operate as a separate entity and PFM’s financial advisory business is not included in this acquisition and will continue to operate independently.
The transaction is expected to close by the end of the year.
The transaction is expected to close early next year.
He will develop new relationships and raise capital from institutional investors.
As healthcare industry assets continue to grow, investment professionals have reaped the benefits of private equity opportunities and will focus on venture capital, technology-related assets and diversity, equity and inclusion initiatives to fuel further growth, according to a recent webinar.
A health system in New England is searching for an executive director of investments to oversee its investment strategy and its pension, operating, endowment and special investment programs.
The family office of two Western foundations is searching for a director of investments to oversee its investments and collaborate on investment manager identification and due diligence.