The firms intend to broaden access to diversified public and private market portfolios with a focus on retirement and wealth channels.
Jamie Hunter has served as cfo and v.p. for operations, finance at the Ann Arbor Area Community Foundation since January 2017, overseeing the management of approximately $220 million in assets and 600 charitable endowed funds. He took the the time to answer five questions, plus a few extra, from FIN News.
The university has added $4 million across four investment funds and more than $3 million across five exchange-traded funds since May.
The firm has hired a head of investment management to lead the development of its first centralized investment management platform for individuals, foundations and family offices.
The university has elected a new chair of its board of trustees after its former chair, the co-founder of an investment manager, retired after 11 years of service, including four as chair.
The two firms, which will keep their names, will merge to expand their national presence and strengthen their position with ultra-high-net-worth individuals, families and institutions, including foundations and endowments.
The firm hired two new investment partners to source tech investments with a focus on cybersecurity, artificial intelligence, software and healthcare.
The college decided against divesting its endowment from military weapon manufacturers earlier this year.
The firm hired a managing director to lead consultant relations efforts in the Western region of the U.S. as it looks to drive business growth.
The firm hired a head of institutional for the Northeast to oversee all aspects of its engagement with institutional asset owners and consultants in the region.