Industry News
The college has hired a new cfo to oversee its finances and investments after its previous finance head left at the beginning of the year for a new role.
The search is being conducted as part of a previously approved investment consultant strategy.
The firm closed the fund with $2.75 billion in commitments, surpassing its $2 billion target.
The executive director of the $22.2 billion pension plan appears to have left the position.
The close of the fund marks the largest fundraise ever for the private markets firm.
The firm bolstered its fixed-income business with a hire that most recently served at Northern Trust Asset Management.
The new hire will focus on selling the firm’s suite of solutions to institutional investors.
The deal marks the first outside investment in Fisher Investments.
Sohel Hussain took the reins as v.p. of investments and finance at the Meyer Memorial Trust in October 2023. He took the time to answer five questions with FIN News.
The departure was “surprising and abrupt” and a replacement has not yet been identified.