A senior partner at a private investment firm has joined the board of trustees of a nearby foundation and will help create social impact through financial projects.
President Donald Trump signed into law a bill amending the current 1.4% excise tax on the net investment income of higher education institutions with a tiered system based on institutions’ student-adjusted endowment.
The firm has appointed a new head of responsible investment to lead cross-functional responsible investment initiatives and work closely with clients, regulators and industry organizations.
The firm has hired a head of real estate strategy and research to lead a team responsible for identifying and analyzing long-term and secular real estate investment ideas.
The position will be responsible for managing the full cycle of the authority’s investment process, overseeing the structuring, underwriting, negotiation, documentation and execution of bilateral project finance loans in technologies aligned with the Climate Act.
The new firm will provide investment management services for two separate externally managed fixed-income pools after the fund conducted a search last year due to the contract expiration of its incumbent.