Industry News
The private equity energy firm has closed its first-ever fund targeting investments related to nuclear facilities and companies above its $300 million fundraising target.
The college will conduct a search for its next v.p. for administration and finance and cfo as its current finance head is slated to retire after the fall semester.
The plan recently hired two investment analysts on its team.
The firm’s new head of tactical asset allocation joins from Wellington Management Company.
The newly appointed president and ceo has been with the firm since 1990.
The dismissals were due to increased operating costs and management fees.
Strong performance in both global equity and fixed-income markets boosted returns for U.S. institutional plan sponsors in the third quarter, according to newly released data from Northern Trust.
The global investment firm has promoted its senior v.p. and head of RIA sales to chief distribution officer as the previous distribution head left to join an investment professional membership association.
He will join the firm next year from Morgan Stanley Investment Management.
Thomas Darnowski has been promoted to the role effective Jan. 1.