Announcements
The firm held the final close of its oversubscribed third private equity fund at its hard cap of $750 million, surpassing its $550 million target and the $408 million raised by its predecessor fund.
The mission-driven venture firm has hired an associate investor to help source, underwrite and back early-stage founders building financial technology and healthcare companies.
The firm has hired a director for its investment team and an operating partner to support its investment and ecosystem functions after recently closing an AI-dedicated fund.
A foundation affiliated with a Midwestern state government has started a new endowment to support public parks.
The associate will conduct comprehensive operational assessments of current and prospective investment managers across asset classes.
The fund has received a gift from a philanthropist that will be used to support its $1 billion capital campaign and be invested in its pooled endowment to grow member institution portfolios.
The board voted to divest from companies owned or controlled by the Chinese Communist Party on Sept. 24 and expects the action to be completed by early 2026.
The firm has hired a senior portfolio manager to guide clients through challenging markets and identify investment strategies and allocations to meet their needs.
The firm named a new global co-cio to oversee its range of investment capabilities after one of its co-cios was recently named president.
The firm has hired an executive director to oversee the strategic direction of its initiative that honors firms and individuals with exemplary investment results and industry leadership.