Daily Feed
A wealth and investment advisory firm has agreed to acquire an investment consultancy firm to expand its West Coast client base.
The 529 college savings plan added a mega-cap growth equity strategy as an underlying fund to replace a large-cap growth fund in an effort to move to a lower-cost passive strategy.
The system approved removing a diversifying strategies investment and adding a public equity investment with a new manager within its endowment and liquidity pools this month.
The firm has hired a head of operations, reporting and data to lead investment and fund operations, portfolio reporting, data and analytics.
The firm closed its debut fund with more than $150 million in committed capital from a diverse group of institutional investors to exceed its initial fundraising target.
The global manager added a head of ETF strategy to focus on supporting the continued development and expansion of its active exchange-traded fund platform.
The firm added an executive managing director, portfolio management and senior managing director, portfolio management to lead its affordable housing efforts.
The institution is searching for an investment analyst focused on private equity and venture capital to assist with sourcing, screening and evaluating managers.
The role will provide performance monitoring and analysis across client assets following a search launched in late 2025.
The foundation is seeking a cio to lead, execute and monitor its investment strategy, oversee its investment portfolio and manage relationships with investment consultants and external managers.
