Announcements
The school will consider divesting its approximately $465 million endowment from companies and industries identified by its Advisory Committee on Investor Responsibility that are implicated in military and police violence in Gaza and the West Bank in the coming weeks.
The university has named a current trustee and former board chairman as an emeriti trustee and elected seven new board members during its May 11 board of trustees meeting.
The firm has appointed a managing director, head of capital raising and client solutions to drive capital formation and investor engagement.
The firm has expanded its private wealth management presence in Philadelphia with the addition of a wealth management team.
The firm has added four members to its investment advisor business to deliver innovative solutions and services to support clients.
A portfolio manager overseeing several bond funds and another manager overseeing the global asset manager’s quantitative solutions team are set to retire next year.
The firm, which focuses on property-backed investments, has closed its seventh flagship fund above its target fundraise with 27% of all capital coming from nonprofits.
The health system is searching for an investment operations analyst to perform critical investment operations functions for all its investments, including retirement plan portfolios infrastructure and affiliated investment programs.
The firm has raised $1.6 billion in total commitments across five investment vehicles focused on venture funds and technology companies behind support from new and existing investors, including foundations, endowments, pension funds, family offices and high-net-worth individuals.
The founder of the Simons Foundation, who previously led leading quantitative hedge fund manager Renaissance Technologies, died on May 10 in New York City at the age of 86.