News

Extensive and timely coverage of the institutional industry.

MRI/Social Investments
Mountain State Foundation Adds Impact Investment Fund

The foundation invested in a fixed-income impact fund that will directly invest in housing in the state.

10.06.22
People Moves
New England College Adds Second Investment Director

The college has hired another investment director following a search from last year as it sought to build out its investment team.

10.06.22
Announcements
Asset Manager Promotes Global CIO

The new cio will oversee the firm’s fixed-income, equities, multi-asset solutions and alternative strategies, while retaining his current fixed-income portfolio management responsibilities.

10.06.22
Industry News
Global Alternatives Mgr. Adds Three New European Offices

The firm established new offices in Italy, Sweden and Switzerland earlier this year to better service clients locally.

10.06.22
People Moves
New England Health System Names CFO

The health system hired a new cfo to begin next month after its previous finance head left this summer to join a Midwestern medical center.

10.06.22
People Moves
Investment Consultant Appoints U.S. Central Market CEO

The ceo will retain previous responsibilities for the Illinois and Wisconsin markets until a successor is found.

10.06.22
People Moves
Private Bank Taps Merrill Lynch Wealth Mgmt. Team

The nine-member team will provide portfolio management, retirement planning, investment consulting and other wealth management services to nonprofits and private family foundations.

10.06.22
Administrator - Bundled
Southern ABLE Plan Transitions To New Program Mgr.

The plan approved transitioning to a new program manager in the third quarter as its previous provider was acquired earlier this year.

10.06.22
ESG
Mid-Atlantic University Dissociating From Thermal Coal, Tar Sands Companies

The university’s board of trustees voted to dissociate from 90 companies that are active in the thermal coal or tar sands segments of the fossil fuel industry in early September as part of its goal to achieve net-zero greenhouse gas emissions in its endowment.

10.06.22
Consultant/OCIO/Discretionary
Western 529 Plan To Issue Investment Consultant, 529 Industry Consultant RFPs

The college savings plan will conduct searches for both investment consulting and 529 industry consulting services due to the April 2023 contract expirations of its incumbent providers.

10.06.22