The institution has hired a new investment consultant to wrap up its search for a firm to oversee its portfolio from last year.
The firm has hired a managing director and head of sales and distribution to lead its sales and distribution efforts in the interval fund and closed-end fund marketplace.
The trust company hired a senior portfolio manager to develop investment strategies and research, analyze and evaluate securities and other investment information with a focus on venture capital and buyouts.
The fund is searching for an investment consultant for its two portfolios totaling more than $4 billion in assets as the contract of its incumbent consultant, which has provided the services for more than two decades, is set to expire at the end of the year.
The fund has hired a senior v.p. and acting cfo to provide strategic leadership in the areas of finance, human resources, information technology and planning and budget.
The university has appointed a new chair of its asset management arm’s board of directors to help oversee its endowment and related financial assets.
The college has awarded a new firm in its search for a single firm to provide investment management consulting services due to the impending contract expiration of its incumbent provider, which rebid for the services.
The university unanimously approved making public equity investments with new domestic and international equity managers within its endowment at its June board meeting.
The fund has hired the managing director of research and investment strategy at a Midwestern hospital system as its next cio and they begin the role in the third quarter.
United Church Funds has 23% of its entire portfolio invested with diverse-firms presently, including 72% of its domestic equity portfolio managed by diverse-owned firms after successfully completing its goal of having more than 60% of the domestic equity portfolio managed by diverse-owned firms in 2023, more than a year in advance of the 2024 deadline it imposed on itself.