Alternatives
Church Pension Adds Alternative Commitments

The pension added a new investment and co-investment in real estate and two additional commitments to existing secondaries and venture capital managers in October.

11.01.23
People Moves
West Coast Nonprofit Names New Investment & Finance Lead

The trust has promoted its interim director of investments as v.p. of investments and finance to oversee and manage its investment portfolio on a permanent basis.

11.01.23
Trends
Artificial Intelligence Advancement Presents Opportunities For Emerging Managers: Xponance

Artificial intelligence could be a boon for emerging or diverse-owned investment managers, though the trend carries some risks, according to the firm.

10.26.23
Hedge Funds
Southern University Adds Hedge Funds

The university added two hedge fund strategies with existing managers within its endowment in the third quarter.

10.25.23
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