Industry News
The plan is searching for a senior manager to join its investment office and will report to the managing director of private markets.
Gerry Watson has worked at the Rockefeller Brothers Fund for nearly 30 years, and is responsible for the oversight of its approximately $1.3 billion endowment, accounting, technology and operations functions as well as the Rockefeller Family Fund, the David Rockefeller Fund and several of the fund’s affiliates.
The new hire is being integrated into the firm’s collateralized loan obligation platform alongside Managing Director and Portfolio Manager William Lemberg, who will be retiring in the spring of 2025.
She joins the firm from Macquarie Asset Management, where she headed their U.S. wealth private markets.
The firm will cease advisory operations at the end of this month.
The firm raised the assets following the final close of its latest private equity and continuation funds.
The racial makeup of senior management at investment consulting firms dropped by almost 10%, an “alarming change” in a segment of the market that has an outsized impact on what asset managers are chosen by institutional allocators, according to a new report.
The university has elected six new members to its board of trustees, including four with investment experience, to help guide its educational mission and fiscal policies.
The firm hired a chief investment strategist to provide macroeconomic and investing commentary, thought leadership and market analysis.
The foundation has hired an investment analyst to wrap up its search for an analyst focused on its public equities portfolio.