Industry News
The cio of the nonprofit recently left the institution as the organization looks to emphasize its partnership with its current investment consultant.
The investment manager has filled the newly created position of global head of family capital with the former managing director of a prominent asset manager.
After showing consistent returns over the last two decades, private infrastructure funds offer attractive investment opportunities for nonprofits, due to growing demand, diversification of assets and mandated revenue structures of infrastructure projects.
The alternative assets-focused firm is launching an employee-ownership trust to recoup ownership stakes from its leadership team and redistribute to employees.
The foundation is searching for a finance and grants manager to oversee its financial and operational functions, including investment management.
As the upsets, buzzer beaters and Cinderella stories on the hardwood distract the U.S. workforce and captivate the country, Nonprofit News examined how each team stacks up off the court from an endowment perspective.
The fund was oversubscribed and raised in less than six months.
The firm will assist the plan with its upcoming executive director recruitment process.
The fund has received more than €12 ($13) billion in total commitments.
The foundation recently hired a managing director of investments, a senior portfolio manager of investments and a portfolio manager of investments to help oversee its portfolio.