The asset manager has appointed its global co-cio to serve as its new president, responsible for developing the firm’s long-term strategy, executing operating plans, delivering investment performance, cultivating client relationships, managing vendor relationships and developing staff.
The estate of the co-founder of Microsoft and philanthropist has started a new foundation promoting bioscience and environmental stewardship based on the West Coast.
The fund reviewed proposed changes to the target asset allocation for its trust funds portfolio last month, including increases to private equity, public equity and private infrastructure.