Announcements
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.
The global asset manager has hired three portfolio managers to help launch two emerging market debt strategies later this year.
The new actively managed high yield bond exchange-traded fund aims to maximize current income with a secondary goal of capital appreciation and the strategy will invest at least 80% of its net assets in U.S.-dollar-denominated high-yield corporate bonds.