Industry News
The pension plan’s deputy cio will also retire next month after a decade in the role.
The firm has closed its largest co-investment program to date.
A new fractional cio firm, started by a former managing director of investments at a West Coast nonprofit, provides small and mid-sized nonprofits with a flexible consultancy model to build and institutionalize their investment management capacities.
The independent, fee-only registered investment adviser has launched a dedicated institutional advisory and outsourced cio practice focused on foundations, endowments and nonprofit organizations.
The firm hired an investment consultant on its endowments and foundations team in July to advise on investment objectives, investment policy, asset allocation and manager selection.
The senior investment analyst will help manage real assets and hedge fund exposures within the university’s endowment as the previous analyst is now covering buyout and growth investments.
The university’s previous cfo left in the fourth quarter to join a private university in the Northeast.
The university system is searching for a managing director to help oversee and manage its cash and endowment pools after promoting its deputy cio to its investment head in the first quarter.
The community foundation has named its interim cfo as its chief financial and operating officer to manage its finance and accounting, investments and information technology teams.
GTCR has closed its inaugural Capital Solutions Fund with approximately $1.25 billion in aggregate commitments.
