Announcements

People Moves
Investment Manager Names CEO; Acquires Wealth Mgr.

New CEO joined manager from security screening company Evolv Technology, where he served as cfo.

06.30.22
Industry News
RIA To Join Focus Financial Partners

The transaction is expected to close in the third quarter, subject to customary closing conditions. 

06.30.22
Industry News
Firm To Acquire Atlantic Union RIA Biz.

The purchased entity will operate under the buyer’s brand after the close, which is scheduled to occur by the end of June.

06.30.22
ESG
Congressman Pressures Endowments To Divest From China

Letter was sent to colleges and universities including Harvard University, Yale University and Duke University, arguing that diversification in investment must not come at the expense of abetting human rights violations.

06.30.22
People Moves
Southern University Searching For CFO, Names Interim

The university named its assistant v.p. for finance and controller as interim cfo and senior v.p. for operations as its conducts a national search for the position.

06.29.22
People Moves
Midwest Community Foundation Hires New Finance Head

The foundation hired a new finance head to oversee investment management, finances and accounting after its v.p. of finance left earlier this year for another opportunity.

06.28.22
Consultant/OCIO/Discretionary
Washington D.C. Nonprofit Selects OCIOs

The nonprofit hired two firms as partner outsourced cios following an invitation-only RFP process last year.

06.23.22
MRI/Social Investments
West Coast Endowment Announces Social Bond Investments

The endowment made $30 million in initial investments from its $300 million social bond, which was issued in early 2021.

06.23.22
People Moves
Investment Consultant Names Head Of ESG, Sustainable Investment Leader For Pacific Region

The firm hired a partner and head of U.S. ESG investments and appointed a responsible investment principal as sustainable investment leader for the Pacific region.

06.23.22
Infrastructure
Global Investment Mgr. Launching Global Energy Transition Strategy

The firm is launching a perpetual infrastructure strategy that will seek to partner with infrastructure businesses to help drive the global energy transition.

06.23.22