The firm has hired a head of investment management to lead the development of its first centralized investment management platform for individuals, foundations and family offices.
The university has elected a new chair of its board of trustees after its former chair, the co-founder of an investment manager, retired after 11 years of service, including four as chair.
The two firms, which will keep their names, will merge to expand their national presence and strengthen their position with ultra-high-net-worth individuals, families and institutions, including foundations and endowments.
The fund reviewed proposed changes to the target asset allocation for its trust funds portfolio last month, including increases to private equity, public equity and private infrastructure.
The firm hired a head of institutional for the Northeast to oversee all aspects of its engagement with institutional asset owners and consultants in the region.