Industry News
The university is searching for a new v.p. for finance and administration as its previous finance head left in July to take over as chief financial and operational officer at a nearby foundation.
The fund’s new investment officer started her career there over a decade ago.
The foundation has promoted its managing director of investments to serve as cio and oversee its endowment as its previous investment head left to serve as cio at an investment firm.
The plan promoted from within for the roles overseeing the $41.2 billion fixed-income portfolio and $144.9 billion global equity portfolio.
The pension plan ended the employment agreement of its executive director, who had been on paid administrative leave since November.
The team added two new team members from Nuveen and a third from Lord Abbett & Co.
The firm’s new head of U.S. research will join next quarter.
She directs the creations, education and accompanying support of AAM’s expanding alternative product offerings.
The firm has seen record growth in recent years, including onboarding 292 advisors to both new and existing practices across its network in 2023.