Company will merge with the acquired firm’s existing Scottsdale office.
Team member will continue to oversee firm’s operations and advise on strategic initiatives and investments.
Hire joined the firm from HSBC, where he has worked for 27 years.
A private fund management company is being spun out from an investment advisor to offer fund management services to a broader geographic client base.
A community foundation in New England has hired an investment manager to help manage its mission investment portfolio.
Financial terms of the deal were not disclosed.
Hire will serve on the firm’s investment committee and help lead investing efforts on the West Coast.
A cio at a university in the Northeast has joined the board of trustees of an alternatives investments board.
A university in the Mid-Atlantic region has appointed its next cfo to handle all aspects of its financial management following a search from earlier this year.
The fund also seeks to increase limited number of diverse venture capitalists.