Industry News
The new hire joins from Columbia Threadneedle Investments.
The firm has named a head of distribution for its institutional outsourced cio practice, housed within subsidiary PFM Asset Management, to support its go-to-market strategy for consultant relations.
Private foundations reported relatively better average annual returns than their community foundation counterparts for 2022, however, the average annual returns declined from the previous year, representing the largest average year-over-year decline for foundations since the Global Financial Crisis.
The institution has hired its next cfo from a health system in the South as its current finance head is set to retire after 33 years of service.
The foundation is searching for a managing director of public investments to lead investment strategy, portfolio construction, manager sourcing and due diligence for its public investments.
The tribe’s growth fund, which handles investments in energy, real estate and private equity, announced the launch of a new subsidiary to make majority and minority private equity investments in lower middle market companies.
The global investment firm hired Morgan Stanley’s executive v.p. and coo as its president to oversee its strategic and operational initiatives.
The firm hired Olaolu Aganga as partner and U.S. cio to lead its outsourced cio practice.
Eric Adler has been appointed as president and ceo of newly formed PGIM Private Alternatives.
The firm hired a v.p. and investment consultant from an investment consultant based in New England.