Industry News
The foundation has promoted a senior member of its investment team to cio and is conducting a search for a director of investments to succeed the role vacated by the new investment head.
The firm recently named a partner as the new team leader for its foundation and endowment practice.
The private equity firm’s oversubscribed low middle market buyout strategy was double the size of its predecessor fund.
The new chief U.S. economist succeeds Ellen Gaske, who retired after 26 years with the firm.
The fund reached its hard cap of $633 million on June 30 after launching fundraising at the end of February.
The institution was named as having the “Best Emerging Manager Program” based on an a survey of institutional clients of a global fintech platform, beating out large and prominent public pension plans and endowments.
The firm has hired a head of global investment insights, sustainability and impact to oversee its sustainability efforts and deliver insights to clients and the broader industry.
The foundation has named its next president and ceo to begin at the end of the month following a search launched in late 2022 as the former head was set to retire in March.
The buyout strategies exceeded their respective targets and will invest across middle and lower middle markets in North America.
The newly promoted portfolio manager has worked at the firm since 2020 on both its small-cap and large-cap teams.