Announcements
The minority-owned venture capital firm has closed two tech-focused funds with 90% of the combined capital coming from traditional, institutional LPs including endowments, funds-of-funds, foundations and consultants.
The investment advisor will absorb staff from the recently acquired Southeastern regional advisor as it looks to grow its individual and institutional client base in Florida.
The investment advisor recently acquired a Midwest-based women-led investment advisor and a Western-based financial consulting firm.
The firm has launched a new forest sustainability fund to promote climate change mitigation with a $500 million target.
The firm hired a coo to implement its management policies and oversee its operations, while also serving on its investment committee.
The foundation’s president and ceo will retire in the first quarter of 2023 and the organization is in the process of selecting an executive recruitment firm to help identify the ceo’s successor.
The university is looking to add more investments that promote the global transition to less carbon-intensive energy sources as part of its net-zero carbon emissions endowment goals.
The firm has announced executive transition plans as its current president and ceo is set to retire next year after 25 years at the firm, including the last eight as its head.
The firm has appointed a chief responsibility officer effective Jan. 9 to oversee its corporate responsibility and responsible investing efforts.
The foundation promoted a managing director to the role of cio after its investment head left to join an East Coast health system.