The adoption of AI technologies across the economy may yield 1-3% more annual economic growth across the U.S., requiring a significant growth in demand for energy utilities and infrastructure that bodes well for nonprofit investors with allocations to the asset class.
The investment arm of a religious denomination based in the Midwest has hired a veteran investment consultant as its new executive director.
A trust fund based in a Western state is looking to hire a recruiting firm to assist in finding a successor cio to manage its investments.
The new cfo will oversee the foundation’s finance, accounting, treasury management and human resources.
The trust fund is preparing to conduct an asset allocation study for one of its portfolios, the first since 2022, as it continues to build out its alternative asset classes, including private equity and real assets.
The private equity energy firm has closed its first-ever fund targeting investments related to nuclear facilities and companies above its $300 million fundraising target.
The global investment firm has promoted its senior v.p. and head of RIA sales to chief distribution officer as the previous distribution head left to join an investment professional membership association.
The investment and wealth management firm has tabbed the head of U.S. markets for its wealth division to head the entire division.
The university has named a new executive v.p. and cfo as its finance head is set to retire in the first quarter after 17 years in the role.
The firm has selected a new firm to provide investment management services for its portfolio, including overseeing and executing the selection, monitoring and evaluation of the portfolio and its investment managers.