Industry News

People Moves
Artemis Investment Mgmt. Co-Founder Steps Back

The firm is also hiring a new fund manager on July 25.

06.30.22
People Moves
Levine Leichtman Names Europe Head

He will be responsible for managing the European investment team as well as the origination of new investment opportunities, investment due diligence and portfolio management.

06.30.22
People Moves
Newton Promotes Mixed Assets Head

He assumes the new position on July 1.

06.30.22
Surveys/Studies
Majority Of Largest Endowments Lack Diversity Transparency As Participating Funds Show Gains: Study

All participating institutions had more than 5% of their U.S.-based assets with diverse-owned firms, however, more than two thirds of the wealthiest 25 private and 25 public college and university endowments refused to participate in an assessment of the diversity of their asset managers.

06.30.22
People Moves
Midwest University Foundation Names New CFO

Foundation’s previous v.p. for finance and cfo transitioned to a new role as advisor to the cfo.

06.30.22
People Moves
Investment Manager Names CEO; Acquires Wealth Mgr.

New CEO joined manager from security screening company Evolv Technology, where he served as cfo.

06.30.22
People Moves
Consultant Firm MD Dies

He first joined the consultant in 1999 as a senior research associate focused on domestic small-cap equity before leaving in 2003. 

06.30.22
Industry News
RIA To Join Focus Financial Partners

The transaction is expected to close in the third quarter, subject to customary closing conditions. 

06.30.22
Industry News
Firm To Acquire Atlantic Union RIA Biz.

The purchased entity will operate under the buyer’s brand after the close, which is scheduled to occur by the end of June.

06.30.22
ESG
Congressman Pressures Endowments To Divest From China

Letter was sent to colleges and universities including Harvard University, Yale University and Duke University, arguing that diversification in investment must not come at the expense of abetting human rights violations.

06.30.22