Announcements
The firm launched a new asset management and distribution platform for the 529 plan after being hired as its asset manager in the first quarter.
The university added four new trustees, two of which work at investment managers.
The foundation is broadening the scope of its impact investment fund as it aims to grow the portfolio to $125 million in total assets.
The firm added two new nonprofit organizations as clients in the first half of the year.
The institution has hired two portfolio managers and promoted a senior investment analyst to portfolio manager to help manage its endowment.
The firm named its head of impact and a principal on its investor services team as partners effective July 1.
The cio will serve on the investment committee alongside three other members tasked with ensuring the ethical nature of the Holy See’s equity investments.
The college appointed three new members to its board of trustees on July 1 with two of the new members serving on its investment committee.
The senior director of investments left to join Mercer as its U.S. not-for-profit cio to lead strategic asset allocation, dynamic asset allocation and portfolio construction for clients.
The strategy is the largest private fund formed to decarbonize the real estate industry.