Industry News
The new cfo joins from a nearby institution and will manage the university’s finances and investments.
The search is due to the impending retirement of its current investment head in June.
A U.S. representative in the South has reintroduced legislation to institute an excise tax on the endowments of 11 U.S. universities to 6% from the current 1.4%.
The firm has raised $3.5 billion in total capital for its eighth private equity fund.
Dan Bienvenue has been with the plan for 21 years and served as interim cio on two occasions during his tenure.
The private equity manager closed its sixth fund with $1.35 billion in investor commitments.
GW&K Investment Management has appointed Leigh Williamson and Gayle Hodus as partners.
Artisan Partners has appointed Jason Gottlieb as its next ceo.
The firm will see its director of research and co-portfolio manager of the small-cap growth equity strategy retire late next year.
Benjamin Alge will succeed the firm’s current ceo, who will be retiring this year.