Industry News

Industry News
Global Asset Manager Acquiring ETF Business

The global firm is acquiring the manager’s ETF business and infrastructure, which focuses on supply chain onshoring and energy transition.

07.27.23
ESG
Net-Zero Endowments Best Achieve Fossil Fuel Divestment Objectives: Stakeholders

The flexibility and environmental impacts of a portfolio targeting net-zero greenhouse gas emissions enhances the ability of endowments to support climate change solutions without sacrificing returns, according to endowments and their investment consultants.

07.27.23
Surveys/Studies
Consultants, OCIOs Relationships Vital for Success, Access To Assets

Managers need to target consulting firms that align with their business, upgrade their consultant relations team, embrace consultant databases and position themselves as though leaders to successfully master those relationships, according to a new report.

07.27.23
People Moves
West Coast University Snags Nearby University Treasurer As Next CFO

The university has hired a new v.p. and cfo from a nearby institution following a search from the first quarter as its previous finance head left for another West coast university.

07.26.23
People Moves
New England College Adds Investment Associate For PE, VC

The college has hired an investment associate to focus on its private equity and venture capital portfolios after adding an associate to focus on the portfolios last year.

07.26.23
Credit/Private Debt
Investment Advisor Makes Minority Investment In European Private Debt Mgr.

The European private debt manager, which focuses on the middle market space, will use the investment to accelerate growth initiatives.

07.26.23
People Moves
Outsourced CIO Names New North America Head

The firm has named a partner as head of North America to be responsible for its largest North American clients’ investment programs and continue refining the investment strategy.

07.26.23
Private Equity
Ares Management Acquiring Asia-Focused PE Mgr.

The alternatives firm has entered into a definitive agreement to acquire an Asia-focused private equity manager with almost $4 billion in assets under management.

07.26.23
People Moves
Private Equity Firm Hires MD For Buyout Strategy

The firm hired a managing director for its buyout strategy to identify, evaluate and lead new investment opportunities.

07.26.23
People Moves
Investment Advisor Adds Retirement Plan Consultant

The firm has hired a retirement plan consultant to provide not-for-profit and for-profit clients with investment oversight and guidance.

07.26.23