The firm announced promotions for several members of its investment team, including a principal being named managing director and two v.p.s being named principals.
The company along with a foundation and economic development-focused commission have committed to a regional impact vehicle as lead investors to accelerate community development funding across Appalachia.
The university hired a v.p of business and finance and cfo at the start of the year to oversee its finances and investment portfolio after its previous finance head left to join the state’s department of revenue.
The endowment recently made a new private equity commitment with a buyout strategy focused on the technology, healthcare consumer services and retail, financial services and information, content and business services sectors.
The institution hired an outsourced cio to oversee its portfolio following a search from last year for standard due diligence and the restructuring of its former investment consultant.
New cfo will lead the foundation’s financial function and help oversee its investment portfolio after its previous finance head left last summer to start their own business consultancy firm.