Announcements
The foundation has hired a new cfo to oversee and manage its financial operations after its previous finance head left the role last year.
The firm has promoted a staff member to senior managing director to provide education, training, investment management, performance reporting and custody services to foundation and endowment clients in the Western region.
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.