West Coast plan surveyed its portfolio managers and found managers are broadly aligned on foundational policies on DEI.
The advisor is acquiring a West Coast emerging growth investment management firm to strengthen its presence in California as well as its private investment advisory platform.
The firm added a managing director for its sustainable infrastructure credit platform to assist with deal origination, sourcing, structuring and mobilizing capital.
The program has issued an RFP seeking financial management institutions or plan managers to administer its defined contribution retirement plan.
The health system has hired its next cio to oversee its investment portfolio and investment strategy from a nearby foundation.
The investment consultant, which is being acquired by an RIA, shared insights on the acquisition process and why it stood out against the field of other institutional investment consultants.
The system has added at least three members to its investment team in recent months to help oversee its pension, operating, endowment and corporate portfolios.
The foundation established a new endowment to support core institutional needs at historically Black colleges and universities, including infrastructure, technology and institutional capacity.
The fund will spend down its entire endowment to zero after accelerating its planned spend-out with nearly $24 million in grants in the last 15 months.
The investment manager added a head of fixed-income trading and a director and portfolio manager of another asset manager as portfolio managers and managing directors on its emerging market debt team.