People Moves
The plan continues to fill out its investment staff with the additions of two new asset class heads.
The current head of the platform will retire early next year.
The plan named its new executive director from within the organization.
The firm named a partner as head of its U.S. Northeast and Midwest endowment and foundation practice earlier this year.
The organization is searching for an associate director of investments to help oversee its investment portfolio, including its endowment and defined benefit pension plan.
The firm has added a partner to focus on its venture capital investment efforts in life sciences, biotechnology and specialty therapeutics.
The organization is searching for a director of risk, portfolio strategy and operations and a senior investment manager.
The consulting firm elected six new partners and promoted five new principals.
Firm added five managing directors to bolster its global distribution team.
Mercer has reached an agreement to acquire Vanguard Institutional Advisory Services’ outsourced cio business, including its more than 1000 clients and 120 team members in the first quarter.