The foundation’s previous investment director focused on private markets was promoted to managing director in the fall as part of investment office succession plans.
Two foundations have committed to a strategy that invests in funds and direct co-investments backed by diverse and women-owned venture capital and private equity firms to advance greater diversity, equity and inclusion in the financial markets.
A community foundation added a new fixed-income manager across two of its portfolios and two hedge fund managers in its socially responsible investment portfolio last year.