Announcements
A global alternatives investment group focused on private equity and other private capital strategies sold the majority of its stake in a global private equity manager, which consisted of the group’s entire management fee earnings and future performance related earnings.
The university committee, which advises on responsible investment decisions, decided not to refer a divestment proposal to rid the endowment from companies with ties to the State of Israel to a board of trustees subcommittee for consideration.
The university named a new v.p. for business affairs, cfo and treasurer to serve as its principal financial adviser and oversee and manage its financial operations.
The discretionary investment advisor has hired a managing director for its client portfolio management team to direct the development, implementation and ongoing management of client-focused solutions.
The head of capital markets for the operations group will be responsible for all capital market activities for new and existing investments as well as manage the firm’s relationships with public and private debt investors.
The firm appointed its head of international business and global head of sales to serve as co-ceo this month to “meet the growing needs of the firm’s clients, colleagues and shareholders.”
The wealth manager is merging with the registered investment advisor to deepen its offerings for private and corporate clientele in the region.
The firm has hired a head of alternative credit to build upon its emerging market alternative credit platform and develop a broader set of investment solutions for clients.
The discretionary advisor has promoted two staff members as partners and five as managing directors as the firm opened its newest U.S. branch in Texas.
The institution is seeking a managing director to spearhead investments in oncology-focused startups and source, evaluate and negotiate early-stage investment opportunities.