Announcements

People Moves
Wealth Manager Names Next CIO

The firm has named its next investment head as its current cio is set to retire at the end of the year after more than 16 years of service.

08.17.23
Surveys/Studies
NACUBO Seeking Responses For Latest Endowment Study

The National Association of College and University Business Officers and Commonfund have launched their latest study on higher education endowments, which will be published next year.

08.16.23
ESG
Regulatory & Risk Compliance Firm Launches ESG Consulting Service Line

The Northeast-based firm has launched a dedicated ESG consulting service line to support clients with implementing ESG frameworks, policies and procedures as well as conduct gap analysis.

08.16.23
People Moves
Global Asset Manager Hires Private Equity Impact Investing MD From Nearby PE Mgr.

The firm has hired a managing director within its private equity impact investing team to identify, execute and manage direct private equity investments in key thematic impact sectors.

08.16.23
Private Equity
Private Equity Manager Closes Fund Above Target

The firm closed its private equity strategy, which focuses on control investments in franchisor and multi-unit companies, with almost $600 million in total commitments, surpassing its $475 million target.

08.16.23
MRI/Social Investments
Midwest Enterprise Launches Impact Fund With Foundation Support

The social enterprise organization has launched a $50 million impact vehicle to revitalize urban areas that has garnered investments from several prominent foundations.

08.10.23
Administrator/Record Keeper
Regulatory Agency Fines 11 Firms For Record Keeping Failures

A federal securities regulator has fined 11 firms with failing to preserve electronic communications.

08.10.23
People Moves
Growth Equity Mgr. Expands Distribution Presence

The firm has hired two senior professionals to expand its distribution presence in Europe and Asia.

08.10.23
People Moves
Northeast University Elects Two To Board Of Trustees

The institution elected two new board of trustee members and recognized three members becoming life trustees at a May meeting.

08.10.23
People Moves
Mid-Atlantic College Adds Two Board Members

The college named two senior professionals at investment advisory firms to its board of trustees at the end of July.

08.10.23