Industry News
Foundations’ returns rose in 2023 at rates similar to the sharp declines seen during the unfavorable market environment of 2022 and in a reversal from last year, community foundations reported relatively higher returns than their private foundation peers in 2023, a new study finds.
The university has elected seven members to its board of trustees, including two investment professionals, effective July 1.
The fund is searching for an investment director or managing director to handle sourcing, evaluating and recommending investment opportunities for its public equities portfolio.
The consultant is acquiring an alternatives investment firm that provides solutions including insurance-linked securities, private credit, hedge funds and impact investing.
The university has hired a new cfo to oversee its finances and investment portfolio following a search from earlier this year as its previous finance head left for a new opportunity.
The registered investment advisor has selected an investment consultant as a strategic investment research advisor to strengthen its research efforts within asset allocation modeling, manager due diligence/selection and portfolio implementation.
The firm has hired two managing directors to bolster its real estate debt strategy.
The fund closed with over $4 billion in commitments, exceeding its $2 billion initial target.
The value-add real estate manager hired a new head of acquisitions for the Eastern region.
Jean-Charles Sambor leads a new six-person emerging market debt team as a complement to TT’s equities franchise.