Announcements
The alternative credit team additions reinforce the firm’s commitment to providing institutional and high-net-worth investors with an increasing number of differentiated alternative investment offerings.
The foundation has hired a new investment associate to fill a role vacated last year.
The new cfo joins from a nearby institution and will manage the university’s finances and investments.
A U.S. representative in the South has reintroduced legislation to institute an excise tax on the endowments of 11 U.S. universities to 6% from the current 1.4%.
The wealth management firm head of outsourced cio left for a senior role at Brookfield Asset Management.
The investment manager has filled the newly created position of global head of family capital with the former managing director of a prominent asset manager.
Two prominent foundations are among the group of endowments, foundations, pensions, corporations and family offices to commit to a firm’s recently closed second venture fund.
The alternative assets-focused firm is launching an employee-ownership trust to recoup ownership stakes from its leadership team and redistribute to employees.
The firm added two partners to strengthen its outsourced cio offering as well as its ability to deliver solutions to clients.
The foundation’s president and ceo is leaving after almost seven years of service to join a nearby university as v.p. of university advancement.