The head of capital markets for the operations group will be responsible for all capital market activities for new and existing investments as well as manage the firm’s relationships with public and private debt investors.
The firm appointed its head of international business and global head of sales to serve as co-ceo this month to “meet the growing needs of the firm’s clients, colleagues and shareholders.”
The wealth manager is merging with the registered investment advisor to deepen its offerings for private and corporate clientele in the region.
The firm has hired a head of alternative credit to build upon its emerging market alternative credit platform and develop a broader set of investment solutions for clients.
The nonprofit organization selected a firm to handle its more than $500 million endowment this month over three other finalists following a year-long competitive bid process.
One of Callan’s senior v.p.s left the firm at the end of the year to join a wealth management firm working with individuals, families and a select group of institutional clients as an investment consultant.
The deal, which is expected to be completed by the end of March, will add $292 billion in assets under advisement and about 40 employees to the firm’s institutional practice.
Investors and allocators approached 2024 with an optimistic outlook, anticipating that inflation had peaked and would continue to reverse course, and they were rewarded as the Federal Reserve cut rates and equity and bond returns ended up firmly in the green. The year ahead, however, leaves investors with questions on how to navigate a market where valuations appear full and few assets appear cheap.
The institution is seeking a managing director to spearhead investments in oncology-focused startups and source, evaluate and negotiate early-stage investment opportunities.
The university has rejected student requests to join the boycott, divest and sanctions movement and divest its endowment from companies that do business in or are located in Israel.