The investment consultant absorbed the investment advisor and financial planning firm’s base of clients totaling $1.4 billion in assets across 30 states.
The search is for standard due diligence purposes as the incumbent provider’s contract is expiring.
The foundation is searching for a successor to monitor its investment performance, rebalance its portfolio and provide strategic direction to its general investment consultant regarding the selection and due diligence of managers and risk management.
The college’s previous discretionary advisor was acquired last year.
The search for banking and investment management services for its reserve portfolio is due to impending contract expirations.
The university is searching for an investments associate or associate director to help oversee its long-term portfolio with a focus on private equity.
The investment analyst will assist the trust’s investment team with due diligence, modeling and portfolio monitoring.
A consortium of nonprofits and private organizations are seeking a venture consultant to run a regional investment program for life science start-up companies.
The director of finance helps oversee the foundation’s finances and investments, including managing and monitoring the portfolio in alignment with its investment policy statement.
Bernie Reidy serves as managing director and national endowment and foundations executive and Michael Strauss is a managing director and senior investment strategist at Bank of America Private Bank. Both Reidy and Strauss took the time to answer five questions with FIN News.