Industry News
The global manager has finalized the second close of its fund targeting sustainably managed forestlands globally with approximately $335 million in commitments.
The firm has named its next president to lead its strategy and operations as its current president is set to retire after holding the position since 2006.
The nonprofit has named its next president and ceo as its current head is set to retire this summer after more than 25 years of service.
The firm closed its latest flagship private market fund with nearly $4 billion in commitments from nonprofits and other institutional investors globally.
Firm has made three senior hires for its North America distribution team.
The firm has added a director of institutional client relations to support a recently hired director of institutional business development and consultant relations.
The acquisition would allow The Riverside Company to expand Townsend Group’s market position.
The firm’s current president will retire this week after serving in the role since 2006.
The new executive director joined the plan from the International Association of Machinists and Aerospace Workers National Pension Fund.
The firm has added two new members to its U.S. distribution team.
