The firm has hired a head of registered investment advisor distribution to lead business strategy, distribution and product development efforts within its RIA channel.
The institution has issued an RFP seeking a firm to provide investment advisory services for its endowment, including providing strategic advice on asset allocation and conducting manager searches and selections.
The health system recently hired a new cio and added three new members to its investment team in March and April, all of which previously worked alongside the investment head at a university endowment.
The firm has launched its flagship private equity decarbonization program for investors that aspire to reduce the carbon footprint of their portfolio and contribute toward achieving net-zero targets.
The university approved an impact investment policy statement in the first quarter that aims to invest 0% to 25% of its assets in impact investments.
Aquisition would allow Riverside to expand Townsend’s market position and for Aon to focus on further serving clients through its human capital and risk capital capabilities.
The college is searching for a cfo and v.p. for finance and administration to oversee its financial, human resources and administrative operations after its previous finance head left to pursue a new opportunity last year.
The college will receive an approximately $55 million gift – the largest bequest in the institution’s 140-year history – and invest approximately $50 million in its endowment.
The firm has named its next president to lead its strategy and operations as its current president is set to retire after holding the position since 2006.
The college is searching for a firm to grow its cash reserves through low-risk liquid investment instruments that provide competitive market returns.