People Moves
The university has hired a new director of investment operations to manage its operations processes, including fund data management, reporting and reconciliation, following a search from this summer.
The firm will promote one of its co-presidents to ceo at the beginning of 2024 as its current ceo will become executive chair.
The firm has added a senior v.p. and regional director in Washington D.C., to support its efforts to grow its foundation, endowment and nonprofit clients in the region.
Firm has added four senior v.p. and portfolio managers to its investment team.
The trust has promoted its interim director of investments as v.p. of investments and finance to oversee and manage its investment portfolio on a permanent basis.
The current ceo announced her retirement last month.
The firm has added a three-member managed investment solutions team.
The pension plan opted to extend its general investment consultant contract for one year while it searches for a new executive director and cio.
Acquisition will add roughly $1 billion in assets under management and bolster Blue Owl’s presence in the life sciences sector.