Industry News
The university has hired Georgetown University CIO Michael Barry as its next investment head following a search from last year.
Frank Mihail joined the North Dakota Department of Trust Lands as cio in January 2023, where he is responsible for overseeing a three-person team and the agency’s approximately $7.5 billion trust fund portfolio. Mihail, who is tasked with managing overall investment strategies and portfolio construction, directing analyses across asset classes in the implementation of multiple investment strategies and monitoring investment performance, money manager reviews and underlying risks, took the time to answer five questions plus one extra with FIN News.
The agency is seeking an executive search firm to assist with both its executive director and chief financial operating officer recruitment.
The position reports to Deputy CIO of Private Markets Allen Waldrop and CIO Marcus Frampton.
The fund closes oversubscribed with approximately $500 million in committed capital.
The new hire will work alongside Co-Head of Global High-Yield Sunita Kara.
The new deputy executive director has been with the plan for more than five years.
The institution will conduct a search for a cio to oversee its more than $3 billion in assets as its current investment head will retire after more than 14 years of service.
The global alternatives firm has named a senior-level staff member to serve in the newly created role of president, with another staffer to fill his former position.
The woman- and minority-owned office has appointed a partner for research and partner for investments and partnerships as part of the expansion of its investment team.
