Industry News
A new piece of legislation was introduced to raise the excise tax levied on annual private university endowment profits to ensure the portfolios are used to “benefit students and academic programs.”
A global wealth manager has named long-time employees to new positions within the firm – head of banking and specialized services and president of the East region.
The healthcare system is looking to hire its first-ever senior v.p. and cio to manage its investments portfolio.
The firm has hired a president of its Canadian business to help position the firm for long-term growth.
The firm hired Brett Kozlowski as a taxable bond portfolio manager.
The institutional investment industry is celebrating Emerging Managers Week in New York City and staying the course on its commitment to diverse managers that deliver robust returns.
Institutional investors increasingly sought comfort and partnerships with investment consultants that provide expertise on alternative and private markets asset classes as 2024 came to a close.
Invesco Direct Lending Fund II closed alongside similar vehicles with a total of $1.4 billion of investable capital.
The fund has more than $7 billion invested or committed for investment in businesses that are diversified across geographies, sectors and asset classes.