News

Extensive and timely coverage of the institutional industry.

Industry News

Midwest Foundation Seeks Managing Director Of Investments

Managing director of investments will oversee the foundation’s portfolio as its cio is set to retire at the end of the year.

06.23.22

Industry News

Wealth Mgmt. Firm Acquires Trust Company Serving HNW, Nonprofit Clients

The west coast firm has agreed to acquire a trust company providing private trustee and investment management services to high-net-worth individuals and families, local foundations and endowments.

06.23.22

People Moves

Foundation Hires WSIB Investment Officer

The new hire worked for more than two years as an investment officer on the private equity team at the Washington State Investment Board.

06.23.22

People Moves

Investment & Wealth Mgr. Adds Philanthropic Director

The firm hired a philanthropic director to help organizations with board governance and dynamics, grantmaking, fundraising and high-impact investing.

06.23.22

Asset Study/Review

Southern Fund Revises Asset Allocation

New strategic asset allocation approved last week increases targets to private equity and non-core fixed-income, including high-yield bonds and bank loans.

06.23.22

People Moves

Syracuse Trustee, Goldman Sachs Sr. Director Dies

He served as a voting trustee for over 20 years and served on the executive and investment and endowment committees.

06.23.22

Small-Cap

Midwest Plan Hires U.S. Small-Cap Growth Mgr.

Plan added a $50 million U.S. small-cap growth equity mandate with an existing manager relationship this month.

06.22.22

Large-Cap

Mid-Atlantic Plan Terminates LCG Mgr.

Terminated firm had been placed on watch for performance reasons last month.