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The school will consider divesting its approximately $465 million endowment from companies and industries identified by its Advisory Committee on Investor Responsibility that are implicated in military and police violence in Gaza and the West Bank in the coming weeks.
The university has named a current trustee and former board chairman as an emeriti trustee and elected seven new board members during its May 11 board of trustees meeting.
A large segment of investment managers intends to prioritize and change its product strategy in the next two years with the understanding that they need to combat data challenges to meet the evolving needs of investors, a new study finds.
The plan is searching for index managers to handle $10.5 billion.
The healthcare technology and tech-enabled services focused firm closed its latest fund with nearly $500 million in commitments.
The firm has appointed a managing director, head of capital raising and client solutions to drive capital formation and investor engagement.
There are no immediate plans to allocate funds to the manager but it will be an option for future use if needed.
The firm has added a managing director and head of private markets research from Ares Management.
The firm has expanded its private wealth management presence in Philadelphia with the addition of a wealth management team.
The plan committed $30 million to an existing private equity manager relationship at today’s board meeting.