The impact investment platform has hired a managing director and head of public markets as well as a managing director and head of private markets from a Western retirement system and investment advisor, respectively.
Many endowments, foundations and their allocators point to relatively small or medium-size private equity buyout and early-stage venture capital for returns that outpace the public markets, while private real estate, infrastructure, hedge funds and private debt, especially asset-based lending look like strong portfolio diversifiers in this year’s mercurial environment.
The firm, which serves nonprofits and other investors, has promoted seven team members into its senior leadership team, including three partners and four managing directors.
The university has named its next v.p. of finance and administration and cfo to help oversee its investments as its finance head is set to retire on Jan. 31 after nearly 20 years of service.
The foundation recently invested in a climate-focused public equity strategy as it looks to achieve net-zero carbon emissions in its portfolio by 2030.