Announcements
A global alternative asset manager has made a slew of new hires and appointments recently.
The firm promoted its North American regional director of investments to global head of investments to lead its regional investment teams.
The university invested over $2 billion to back the launch of an index ETF that allocates 90% to the Standard & Poor’s 500 Index and 10% to the S&P U.S. Investment Grade Corporate Bond 1-3 Year Index.
The firm hired a head of investor relations to handle capital formation, investor communications and relationship management with current and prospective limited partners.
The firm has launched a new practice providing foundations, museum, educational institutions and endowments a dedicated resource offering tailored investment management, impact strategy and governance support.
The acquisition agreement will generate a combined diversified global asset manager overseeing approximately $571 billion in assets.
The foundation made a $12 million donation to the United Negro College Fund to provide permanent endowment capital to 12 selected member schools.
The plan has hired a wealth management firm as its new investment manager and the firm has entered a strategic collaboration to modernize the college savings plan.
The firm announced the first close for its latest alternative credit investment strategy exceeding $1 billion in new capital commitments.
The foundation has promoted its managing director and interim cio as its permanent cio after its cio left the role in May.
