Industry News
Geoff Dailey will become the new head of U.S. equities later this year.
One fund is dedicated to early-stage investing while the other focuses on venture growth-stage opportunities.
He joined the plan on Jan. 23 from Mackenzie Investments.
The fund exceeded its target with a nearly 50% increase over the firm’s second fund.
The transition will go into effect in October.
The fund closed with $700 million in capital commitments.
He first joined the firm in 2012 and previously served as research director.
The firm has hired a head of client service to oversee the ongoing design and execution of the overall client service experience.
The partner and co-cio of the outsourced cio firm is leaving at the end of the first quarter to join a New England-based family office.
The firm added a 12-person team in the Boston area from Merrill Lynch to provide portfolio management, retirement planning, investment consulting and other wealth management services.