Announcements

Announcements
Mission Wealth Acquires AHC Advisors

Mission Wealth has acquired investment consulting firm AHC Advisors, the firms announced last week after NPNews published.

11.19.20
Announcements
Commonfund Institute Names Next Executive Director

Commonfund has named the next executive director of the Commonfund Institute.

11.19.20
Industry News
Hawaii Trust Names Next President, Promotes CFO

A trust fund in Hawaii has named its next president and ceo and promoted its controller to cfo.

11.19.20
Announcements
Western Foundation Creates Public-Private Partnership For Utility System

A foundation based in a Western state will lease its steam plant and utility system as part of a public-private partnership and invest a sizeable portion of the deal’s proceeds.

11.19.20
Consultant/OCIO/Discretionary
New England Plan To Begin Consultant Search

A pension fund in New England will search for a consultant to seek competitive fees.

11.16.20
Searches And Hires
Midwest Fund Issues Investment Manager RFI

A local fund based in a Midwest state has issued an RFI seeking investment managers.

11.12.20
MRI/Social Investments
Mercer Launches Climate Change Solution For Investors

Mercer has announced the launch of climate transition analytics and advice for institutional investors.

11.12.20
Announcements
Lawsuit Against Western University Foundation For Breach Of Fiduciary Duty Dismissed

A lawsuit against a Western university foundation alleging a breach of fiduciary duty for underperforming the Standard & Poor’s 500 Index fund for a decade was “dismissed with prejudice” late last month.

11.12.20
Announcements
Midwest State Selects Program Mgr. For ABLE Plan

A state in the Midwest has hired a program manager for its ABLE plan.

11.12.20
Emerging/Diverse Managers
Two Foundations Partner To Improve Investment Industry Diversity And Transparency

Two Midwestern foundations have partnered with a financial technology firm to survey and assess the racial and gender diversity makeup of the U.S. asset management firms that invest their assets.

11.12.20