Industry News
The fund is targeting $1.25 billion in total commitments, with a final close expected within 12 months of its first close on June 8.
The endowment’s director of operations left last month to join a nearby retirement fund as head of investment operations.
The firm successfully completed its acquisition of the management agreements related to the manager’s Canadian fund business, which totaled approximately $19 billion in assets.
The firm has hired an executive managing director and head of family office services to lead the delivery of its wealth management, fiduciary, tax, estate and administrative services to clients.
A wealth and investment advisory firm has agreed to acquire a Philadelphia-based RIA to expand its presence in the region.
A religiously affiliated foundation based in the Midwest has promoted an associate to a director-level position leading investment management.
The organization changed its name to the Andrew Carnegie Foundation to honor its founder on the 115th anniversary of its formation.
Seth Almaliah and John Marco will lead the next era of growth at the investment consulting firm.
The university is searching for two investment analysts to primarily help with monitoring and due diligence of managers across its public equity, private equity and venture capital assets as well as its credit, hedge fund and real assets portfolios.
The university approved the appointment of a managing partner at a health care and technology-focused venture capital firm as a new member to its board of trustees earlier this year.