A private equity firm focused on the manufacturing and industrial sectors has raised a second fund with commitments from endowments, family offices and outsourced cios.
The endowment’s president and ceo is stepping down form the role to focus on personal priorities and the organization has named its recently appointed v.p. of programs and grants as the interim ceo.
The peer-learning network has launched a Responsible Tech & AI Initiative to engage endowments, foundations and financial service firms around various risks related to their investments in technology and artificial intelligence.
The firm has hired a head of client engagement to strengthen relationships and drive client satisfaction and retention as well as enhance the client experience.
The firm hired a global head of its investment management business to handle its strategic direction as well as all portfolio management, client and operational activities.
President Donald Trump signed into law a bill amending the current 1.4% excise tax on the net investment income of higher education institutions with a tiered system based on institutions’ student-adjusted endowment.
The firm has appointed a new head of responsible investment to lead cross-functional responsible investment initiatives and work closely with clients, regulators and industry organizations.
The firm has hired a head of real estate strategy and research to lead a team responsible for identifying and analyzing long-term and secular real estate investment ideas.