Industry News
The acquisition will provide PEM with enhanced growth opportunities.
The current head of the platform will retire early next year.
More than half, 58%, of endowment and foundations are currently invested in private market assets or are considering investing over the next 12 months, according to a survey.
The firm named a partner as head of its U.S. Northeast and Midwest endowment and foundation practice earlier this year.
The London-based investment firm focused on energy has acquired a U.S.-based private equity firm focused on sustainability investments.
The organization is searching for an associate director of investments to help oversee its investment portfolio, including its endowment and defined benefit pension plan.
The firm has added a partner to focus on its venture capital investment efforts in life sciences, biotechnology and specialty therapeutics.
The organization is searching for a director of risk, portfolio strategy and operations and a senior investment manager.
The consulting firm elected six new partners and promoted five new principals.
Firm added five managing directors to bolster its global distribution team.