Announcements
The foundation recently added the founder and ceo of an investment manager and the top academic officer of a state university to its board of trustees.
The firm has added private advisory teams from Janney Montgomery Scott and Wells Fargo Advisors to its global wealth management team.
The London-based firm has closed its oversubscribed third fund, which invests in mining and energy transition metals, at its hard cap, marking the largest fundraise in the firm’s fund series.
Nearly all institutions and wealth managers think fixed-income, where many are underexposed, is more attractive than equities as the threat of recession looms, a new study finds.
The foundation has appointed three members to its board of trustees, effective Oct. 1, including one investment head of a Midwestern foundation.
The private wealth management firm has hired a v.p. and investment officer to work with clients to develop, implement and oversee customized investment and wealth planning solutions.
The foundation committed an undisclosed amount as an anchor investment to a new private credit strategy focused on senior secured facilities, mezzanine facilities and participating capital and asset-backed loans.
The discretionary firm added an investment director to handle due diligence and ongoing monitoring of current and prospective investment managers earlier this month.
A report finds that 90% of surveyed asset owners expect to already have or be working toward the goal of introducing investment practices into their portfolios by 2028.
The consultant laid out initial steps for organizations to improve their diversity after its survey showed that a majority of respondents find diversity, equity and inclusion efforts are making their organizations more effective.