The wealth manager and registered investment advisor has agreed to acquire an institutional advisor that works with foundations, endowments, corporations, hospitals and religious organizations.
The firm has hired a director to assist with asset allocation, investment policy development, investment manager search and selection and performance measurement for its foundation, endowment and family office clients.
The global asset manager has closed its third vehicle investing in high-growth technology companies across North America, Europe and Israel with $3 billion in committed capital from new and existing investors.
This article is the second part of a two-part series from Meketa Investment Group executives examining active allocation strategies tailored to today’s market.
The partnership will enhance AMG’s exposure to secular growth areas and facilitate an increase in Ara Partners’ management equity ownership in the firm.