Industry 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.
The university has elected two new vice chairs for its board of trustees and named its first woman board chair.
The firm has acquired an investment advisory team based in Atlanta.
The European manager has released its proprietary sustainable investment scoring and data to the public.
The firm has added the former global cio of an insurance company as a senior advisor to assist its team with relationships, resources and industry knowledge.
The university has hired a new director of investment operations to manage its operations processes, including fund data management, reporting and reconciliation, following a search from this summer.
