Announcements
Philanthropist MacKenzie Scott has donated more than $590 million to at least 14 historically Black colleges and universities this year to grow their endowments.
The institution hired a managing director, head of corporate development to lead its strategy for engaging and integrating investment advisory teams.
The hire for the newly created executive role will oversee the foundation’s mission investments.
Mercer’s former head of sustainable investment for the Americas has launched a new institutional investment consultant focused on environmental sustainability and value alignment.
The firm also surpasses $1.75 billion in regulatory assets under management.
The firm has appointed a venture partner as a partner of the firm, where they are focused on investment opportunities in biopharma and medical devices.
The firm recently held the initial close of its flagship fund as it looks to complete its $500 million fundraise for the strategy in 2026.
A healthcare-focused growth equity firm recently launched and has formed a strategic partnership with a private equity firm that focuses on diverse investment firms.
Two investment advisors serving foundations, endowments, family offices and corporate pension plans formally merged last month.
The university was awarded a $63 million unrestricted gift from the philanthropist giving the institution the freedom to invest strategically in areas that align with its mission.