Industry News
A managing principal and consultant at the firm will leave in the first quarter after more than two decades of service.
The firm has launched an equity research group to further build and develop its efforts in the global sustainable energy, technology and infrastructure markets and hired a lead analyst to head the group.
The firm has acquired a North Carolina-based investment advisor and financial planning firm with more than $1.3 billion in assets.
Geeta Kapadia is Fordham University’s second cio, tasked with overseeing and managing its approximately $1 billion endowment and building out its investment office. She took the time to answer 5 Questions, plus a few extra, with FIN News.
The Ivy League university’s investment management arm hired an investment director from another institution as its next president to succeed its current investment head, who is set to retire in June 2024 after nearly three decades of service.
The Chicago-based firm has hired a head of global distribution and head of consultant relations this year.
The firm raised $9.7 billion in aggregate capital commitments across the two funds.
The fund has already deployed over 50% of its commitments.
The consultant believes adding diverse-owned firms is not the only way nonprofits can achieve their DEI-related investment goals, and their consultants should assist them to evaluate several different approaches.