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.
The college savings plan has selected a new manager to handle its international equity portfolio after unsuccessfully appointing a firm in the second quarter.
The firm has added private advisory teams from Janney Montgomery Scott and Wells Fargo Advisors to its global wealth management team.
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.
The fund approved the addition of an upper middle market direct lending manager as its general investment consultant viewed the strategy as complementary to existing managers in the portfolio.
The foundation has appointed three members to its board of trustees, effective Oct. 1, including one investment head of a Midwestern foundation.
The firm has named a sole head of impact investments after the individual had previously held the role alongside another employee who is now focused on investor relations.
The managing director of a Northeastern university has joined a mid-Atlantic-based foundation as v.p. to oversee its public equity, public real assets and public fixed-income portfolios.
The foundation is searching for a head of finance to oversee its fiscal operations and investments.
The foundation committed an undisclosed amount as an anchor investment to a new private credit strategy focused on senior secured facilities, mezzanine facilities and participating capital and asset-backed loans.