The internet’s most profitable business model has always been simple: running search ads on monetizable queries. When you search “how many protons are in a cesium atom,” Google makes no money. When you search “best tennis racket,” it prints cash.
This asymmetry defines the entire search economy–some queries are pure curiosity, and others have direct purchase intent. It’s part of why Google (where people often search for products) is a $2T company and Wikipedia (where people search for knowledge or fun facts) is a non-profit.
The foundation recently added the founder and ceo of an investment manager and the top academic officer of a state university to its board of trustees.
The wealth management firm recently acquired three private advisory groups and has added an associate portfolio manager for its U.S. small and small- to mid-cap equity strategies.
The woman- and- minority- owned firm added an operating partner as part of its approach to support profitable companies facing a transformational growth event.
The bank has added a president of global fund services to lead a global team in offering customized solutions for alternative investments, mutual funds and exchange-traded products.
The system is searching for a director of investments for public equities to manage due diligence, monitor investments and make recommendations on manager sizing, portfolio construction and asset allocation.
The public trust fund is searching for discretionary investment managers to handle a portion of its $871 million investment portfolio comprised of fixed-income investments.