Industry News
The firm has updated its investing leadership structure, forming a globally-focused investment management leadership team, in preparation for its next phase of growth.
The system hired a new treasurer to direct and perform the cash management functions for its portfolio in the second quarter.
The joint venture will provide flexible private credit solutions that support the needs of lower and middle market businesses.
The university is searching for a new v.p. for finance and administration as its previous finance head left in July to take over as chief financial and operational officer at a nearby foundation.
The fund’s new investment officer started her career there over a decade ago.
The foundation has promoted its managing director of investments to serve as cio and oversee its endowment as its previous investment head left to serve as cio at an investment firm.
The plan promoted from within for the roles overseeing the $41.2 billion fixed-income portfolio and $144.9 billion global equity portfolio.
The pension plan ended the employment agreement of its executive director, who had been on paid administrative leave since November.
The team added two new team members from Nuveen and a third from Lord Abbett & Co.
The firm’s new head of U.S. research will join next quarter.