Industry News
RIA Joins Focus Financial Partners

The registered investment advisor has agreed to enter a partnership with a group of independent, fiduciary wealth management firms.

11.23.22
Fixed-Income
New England Institution Adds Fixed-Income Fund, Rebalances Endowment

The institution added a floating rate fixed-income fund within its short-term pool and reduced its investment with a hedge fund manager to fund increased domestic equity and international equity investments within its endowment.

11.22.22
Venture Capital
Venture Firm Closes Oversubscribed Decarbonization Fund

The New York-based venture capital manager has closed its oversubscribed early-stage decarbonization strategy.

11.22.22
Passive Equity
Chicago Institution Adds Passive Equity Mandate W/ Diverse Mgr.

The institution approved a new passive equity index investment with a diverse manager this summer as part of its commitment to promote diversity, equity and inclusion internally and through its selection of investment managers.

11.22.22
Hedge Funds
Midwest University Adds Portable Alpha Portfolio

The university approved adding a new portable alpha portfolio in one of its main portfolios after first reviewing the consideration in September.

11.22.22
Real Estate
Church Pension Makes Private RE Commitment

The pension board approved a private real estate commitment last month.

11.22.22
People Moves
Northwest 529 Plan Seeks New Executive Director

The college savings program is searching for a new executive director as its previous head left the role earlier this month to join a municipal financial advisory firm.

11.18.22
Credit/Private Debt
Western Fund Approves New Private Debt Commitments

The fund added two private debt strategies to its portfolio as it has looked to increase allocations to private markets following approval of a revised target allocation last year.

11.17.22
Emerging/Diverse Managers
Investment Firm Seeks More Diverse Managers To Add To Growing Roster

The firm is looking to hire more diverse managers for client portfolios after adding several diverse firms, particularly in equity, private equity and venture capital, over the last two years.

11.17.22
Asset Study/Review
Midwest College Boosting Endowment With Record-Breaking Gift

The college is preparing to significantly increase its endowment to $750 million with a matching gift from an anonymous donor.

11.17.22