Announcements
The foundation has hired a new cfo to oversee its finances and help manage its investments following a search from earlier this year.
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.
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.
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.
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.
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.
The social enterprise organization has launched a $50 million impact vehicle to revitalize urban areas that has garnered investments from several prominent foundations.
A federal securities regulator has fined 11 firms with failing to preserve electronic communications.
The firm has hired two senior professionals to expand its distribution presence in Europe and Asia.
The institution elected two new board of trustee members and recognized three members becoming life trustees at a May meeting.