Industry News
The firm will promote one of its co-presidents to ceo at the beginning of 2024 as its current ceo will become executive chair.
The firm has added a senior v.p. and regional director in Washington D.C., to support its efforts to grow its foundation, endowment and nonprofit clients in the region.
Firm has added four senior v.p. and portfolio managers to its investment team.
About 42% of the university’s asset managers are diverse-owned as of June 30, a slight downtick from the 44% reported in 2021, but up from the 40% reported in 2020.
The trust has promoted its interim director of investments as v.p. of investments and finance to oversee and manage its investment portfolio on a permanent basis.
The fund focuses exclusively on founder-led and family-owned businesses with EBITDA of more than $15 million.
Consulting firm acquires Lyxor U.S. and its $20.8 billion in assets under management.
The fund closed at its hard cap of $5 billion in limited partner commitments.
The firm has added a three-member managed investment solutions team.
The pension plan opted to extend its general investment consultant contract for one year while it searches for a new executive director and cio.
