Industry News
Outsourced cio usage is expected to “increase considerably’ over the next two years and nonprofit institutions are expected to adopt the discretionary model at the fastest rates, according to new research.
The firm has named its next investment head as its current cio is set to retire at the end of the year after more than 16 years of service.
The new hire will join TCW in October from American Century Investments.
The National Association of College and University Business Officers and Commonfund have launched their latest study on higher education endowments, which will be published next year.
The managing director left the foundation last month to help launch a wealth management firm, where they serve as cio.
The university is searching for an investment director to help oversee its portfolio and conduct qualitative and quantitative analysis and due diligence of managers as part of the build-out of its investment team.
The Northeast-based firm has launched a dedicated ESG consulting service line to support clients with implementing ESG frameworks, policies and procedures as well as conduct gap analysis.
The firm has hired a managing director within its private equity impact investing team to identify, execute and manage direct private equity investments in key thematic impact sectors.
The firm hired a senior v.p. to lead and build out its institutional outsourced cio practice.
The firm closed its private equity strategy, which focuses on control investments in franchisor and multi-unit companies, with almost $600 million in total commitments, surpassing its $475 million target.
