Announcements
The firm added a Northeast sales director to grow its business, which provides investment management and advisory services to endowments and foundations in addition to pensions funds, insurance companies, sovereign and government funds.
The foundation has hired a new ceo and v.p. for advancement to lead all aspects of the organization, including managing the endowment, generating philanthropic support and providing engagement opportunities for alumni.
The role oversees the firm’s engagement with institutional and private investors to support its growing platform and long-term investment strategy.
The alternative credit team additions reinforce the firm’s commitment to providing institutional and high-net-worth investors with an increasing number of differentiated alternative investment offerings.
The foundation has hired a new investment associate to fill a role vacated last year.
The new cfo joins from a nearby institution and will manage the university’s finances and investments.
A U.S. representative in the South has reintroduced legislation to institute an excise tax on the endowments of 11 U.S. universities to 6% from the current 1.4%.
The wealth management firm head of outsourced cio left for a senior role at Brookfield Asset Management.
The investment manager has filled the newly created position of global head of family capital with the former managing director of a prominent asset manager.
Two prominent foundations are among the group of endowments, foundations, pensions, corporations and family offices to commit to a firm’s recently closed second venture fund.