Announcements
The firm has hired a head of exchange traded funds to steer the development of its foray into the ETF market due to the strategies growing popularity and versatility in the investment landscape.
Mark Baumgartner, cio of the $4.2 billion Carnegie Corporation of New York, will leave the organization in the fourth quarter to join the Dalio Family Office as its next investment head as its cio will transition to the role of senior advisor.
The institution added several new members to its board of trustees, including two members to its investment committee, which oversees its more than $1 billion endowment.
The foundation has elected two new members to its board of trustee with venture capital experience.
The treasurer’s office hired a firm to handle the inaugural investment within its infrastructure impact investment program after hiring an investment advisor to oversee the program earlier this year.
A former Blackstone director has joined the firm and is focused on portfolio management.
The acquisition adds $210 million in assets across nonprofit endowment and other clients to the firm, while expanding its presence in Northeast Wisconsin.
The firm has launched three actively managed, equity mutual funds focused on generating competitive investment returns through responsible investing.
A global investment firm has received a growth capital investment to expand business lines, including its nonprofit clients.
The discretionary advisor recently hired the co-head of investment operations at a large investment manager to serve as its coo and oversee its daily operations.