Industry News

Industry News
Brynwood Closes Ninth Buyout Fund

Firm close its ninth fund, the largest in its history, with over $750 million in committed capital.

10.30.23
People Moves
Värde Names Co-CEO

The new co-ceo has been with the firm since 2007.

10.27.23
People Moves
New England Pension Searching For Deputy CIO

The retirement system is seeking a replacement for Deputy CIO Zack McGuire, who joined Children’s Healthcare of Atlanta earlier this year.

10.27.23
People Moves
Hayfin Names U.S. High-Yield & Syndicated Loans Head

The hire represents an expansion of the firm’s liquid credit team.

10.26.23
People Moves
West Coast Pension Plan Acknowledges CIO Resignation

The pension plan expects to meet to discuss future recruitments after its inaugural cio resigned earlier this month, as previously reported by FIN News.

10.26.23
Surveys/Studies
Commonfund Makes Significant Progress In Portfolios’ Diverse Manager Hires: Report

Since beginning its diversity, equity and inclusion efforts in earnest nearly a decade ago, one investment advisor has made significant progress in having increased diverse manager hires in client portfolios to 45 firms from 10, while also having improved diversity representation in its workforce.

10.26.23
Trends
Artificial Intelligence Advancement Presents Opportunities For Emerging Managers: Xponance

Artificial intelligence could be a boon for emerging or diverse-owned investment managers, though the trend carries some risks, according to the firm.

10.26.23
People Moves
Northeast University Adds Two Investment Staffers

The university has hired a senior director of investments and associate director of investments from the previous employer of its cio as part of the buildout if its investment team.

10.25.23
People Moves
Rocky Mountain Pension Plan Hires RE Portfolio Associate

The pension plan’s new hire reports to Director of Real Estate C.H. Meili.

10.25.23
Industry News
Wealth Manager & RIA To Acquire Institutional Advisor

The wealth manager and registered investment advisor has agreed to acquire an institutional advisor that works with foundations, endowments, corporations, hospitals and religious organizations.

10.25.23