Industry News
The firm has appointed new portfolio managers for three of its closed-end municipal bond funds.
While U.S. healthcare systems continue to look to increase their allocations to alternative investments, they are also reporting an increased interest in cash and fixed-income, a new study finds.
The foundation is looking to add an associate director of investment experience to manage financial advisor and custodial relationships in accordance with its investment policy statement.
The firm has agreed to acquire an investment advisor focused on ultra-high-net-worth families with offices in California, Colorado and Texas to strengthen its position within the high-net-worth advisory space.
The new finance head will oversee finances, accounting, investments and operations at the end of the fourth quarter after its previous cfo left to join an energy company as assistant v.p. of finance.
The firm has launched a new short-duration bond fund focused on decarbonization with a seed commitment from an investment consulting firm, while also making several new appointments within its core multi-strategy business.
The firm has promoted five team members, including two to managing director, as they have contributed to accelerating the firm’s momentum in the space.
She joined the plan last month from the Virginia Retirement System.
The incoming ceo joins from the largest state retirement system.
The foundation has named its next cio following a search for the position as its previous investment head left in last year to join a family office.