Industry News
Rodney Zemmel has joined Blackstone as global head of portfolio operations.
Andrew Hoffmann has joined the retirement systems as an investment director.
The firm surpassed its fundraising goal by more than $200 million in capital commitments.
The executive director has been with the retirement system since 2008.
The fund has closed at its $5.6 billion hard cap.
A sustainable and impact investing assessment found that the majority of surveyed endowments and foundations, 93%, have sustainable investing policies and practices in place with 73% having “sophisticated” or “robust” measures.
The university is searching for an investments associate or associate director to help oversee its long-term portfolio with a focus on private equity.
The firm has promoted a senior engagement specialist as its new head of ESG to integrate ESG issues across its investment strategies as well as investment policies, proxy voting and engagement practices.
The firm, which utilized artificial intelligence to build and manage investment strategies for institutional clients, closed after nine years in business.
The investment analyst will assist the trust’s investment team with due diligence, modeling and portfolio monitoring.