Industry News
H.I.G. Bayside Loan Opportunity Fund VII closed with $1 billion in aggregate capital commitments.
The investment subsidiary of a university foundation recently hired a managing director to help oversee and manage its portfolio from another institution, where they led investments across public markets, hedge funds and real assets.
The outsourced cio provider has added two managing directors from another discretionary advisor.
The firm has also named a president of the Pacific Northwest to help accelerate growth of the firm’s wealth management business in the region.
The firm has appointed an executive advisor to help in the pursuit of new acquisition opportunities in the industrials sector and more broadly across leading U.K. businesses.
The firm closed its latest fund focused on energy and climate-related companies adapting artificial intelligence technologies with $160 million, including commitments from two returning nonprofit investors.
The system’s current risk head is set to step down from the role.
The firm recently hired a former investment director to serve as a partner and manage and expand investments in the clean tech, industrial and life science sectors.
The trust’s new exec will oversee the institution’s financial strategy, operations and administrative functions with a focus on enhancing its financial sustainability, operational efficiency and strategic growth.
Firm’s next ceo has been serving as executive v.p. and head of international businesses and global investment management.