Industry News
The firm has hired two senior professionals to expand its distribution presence in Europe and Asia.
The institution elected two new board of trustee members and recognized three members becoming life trustees at a May meeting.
The college named two senior professionals at investment advisory firms to its board of trustees at the end of July.
The university hired an investment associate in the second quarter to assist in due diligence of prospective fund investments and monitor existing investments.
The fund is seeking a senior investment analyst to perform investment and operational due diligence on prospective and existing equity-oriented investments.
Community foundations dealing with rising interest rates and an economy that has “wobbled” over the last 18 months should revisit the role of alternatives, reconsider fixed-income and focus on costs to add stability and durability to their missions and address liquidity needs, according to a recent paper.
The firm has acquired a registered investment advisor that brings more than $180 million in assets under management and a focus on Washington state.
Firm hired a managing director and head of private credit to expand the asset class program.
The retirement plan saw a longtime investment strategist retire at the end of the second quarter.
Gideon Berger and Min Htoo, former co-cios at Blackstone Alternative Asset Management, founded LuminArx Capital Management in January.