Industry News
Wealth Manager & RIA To Acquire Institutional Advisor

The wealth manager and registered investment advisor has agreed to acquire an institutional advisor that works with foundations, endowments, corporations, hospitals and religious organizations.

10.25.23
Private Equity
KKR Closes Private Equity Tech Fund With $3 Billion In Commitments

The global asset manager has closed its third vehicle investing in high-growth technology companies across North America, Europe and Israel with $3 billion in committed capital from new and existing investors.

10.25.23
Emerging/Diverse Managers
Midwest Foundation Commits To FoF Targeting Diverse Managers

The foundation made an undisclosed commitment to a fund-of-funds targeting diverse-owned venture and growth equity managers.

10.25.23
People Moves
Christian Fund Manager Names New CFO

The nonprofit fund manager has hired a new v.p. and cfo to oversee its financial operations and investment portfolio as its previous finance head retired in the second quarter.

10.19.23
Multi-Asset/Investment Advisor
Midwest College System Issues Investment Advisory RFP

The system is seeking a manager to handle its portfolio, search for new investment managers, develop its investment policy and review its asset allocation, among other responsibilities.

10.19.23
People Moves
Midwest University Appoints CFO, COO

The university has appointed a new cfo and coo to oversee its budget and planning department and human resources and financial operations departments as well as its operations, facilities and information technology departments, respectively.

10.19.23
Emerging/Diverse Managers
West Coast Foundation Adds Four Firms To Diverse Manager Roster

The foundation has added four investments with new diverse managers within its portfolio after adopting an investment strategy with a racial equity lens in the first quarter.

10.17.23
International / Global / Emerging Markets
Midwest 529 Plan Selects New Manager For Int’l Equity Portfolio

The college savings plan has selected a new manager to handle its international equity portfolio after unsuccessfully appointing a firm in the second quarter.

10.17.23
People Moves
Wealth Manager Acquires Two Advisory Teams

The firm has added private advisory teams from Janney Montgomery Scott and Wells Fargo Advisors to its global wealth management team.

10.11.23
Real Assets
Global Investment Manager Closes Third Fund Focused On Mining And Energy Transition Metals

The London-based firm has closed its oversubscribed third fund, which invests in mining and energy transition metals, at its hard cap, marking the largest fundraise in the firm’s fund series.

10.11.23