Industry News
The foundation has named a ceo of its impact investing arm, which has more than $400 million in investments.
The registered investment advisor has agreed to enter a partnership with a group of independent, fiduciary wealth management firms.
The plan has consolidated its growth and innovation program into the private equity asset class.
The New York-based venture capital manager has closed its oversubscribed early-stage decarbonization strategy.
The firms plan to form a joint venture combining their cash equities and equity research businesses to provide investment insights into the American, European and Asia Pacific equity markets as well as liquidity access and leading global trading technology.
New rule allows plan fiduciaries to consider climate change and other environmental, social and governance factors.
Firm closed Raven Asset-Based Credit Fund II at $834 million.
The acquisition increases Westwood’s total assets under management by 33% to $16.3 billion.
The 529 plan hired a new executive director from a nearby university following a search from this summer as its previous head left to join a Western university as deputy cio.
The firm recently hired a head of private market client solutions to optimize the role of private market investments in client portfolio as well as a director in its member strategy group to manage and maintain relationships with current and prospective clients.