The firm added a Northeast sales director to grow its business, which provides investment management and advisory services to endowments and foundations in addition to pensions funds, insurance companies, sovereign and government funds.
The foundation has hired a new ceo and v.p. for advancement to lead all aspects of the organization, including managing the endowment, generating philanthropic support and providing engagement opportunities for alumni.
The alternative credit team additions reinforce the firm’s commitment to providing institutional and high-net-worth investors with an increasing number of differentiated alternative investment offerings.
The fund’s general investment consultant is recommending a private credit commitment to an evergreen strategy targeting an initial fundraise of $1 billion to $2 billion.