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The wealth management firm has hired a seven-person team led by four managing directors and wealth managers to provide portfolio management, retirement planning, investment consulting and other wealth management services to nonprofits, private family foundations and other clients.
Private equity firm MiddleGround Capital is meeting its employees where it counts on cultivating a work/life balance.
Fund closed at its target and hard cap of $1 billion
The district conducted a similar search for the services in 2017.
The terminated manager was first hired in 1990.
The new hire will help scale and optimize research for the firm’s equity research group.
The plan will consider multi-asset credit manager recommendations in March and terminated mandates with GMO and MetLife last week.
The consultant will advise the plan’s nearly $335 million private markets portfolio.
The plans’ incumbent was most recently rehired in 2018.