People Moves
The firm’s new managing director has joined from Duration Capital Partners.
The deputy cio has resigned after a nearly 20-year career at the plan.
Joshua Schachter steps into the role after 25 years of investing alongside longtime CIO Richard Snow.
The newly established role will further strengthen the equities platform, optimizing performance and fostering innovation across Principal’s global equity strategies.
The foundation’s new co-chair will serve alongside Michael Arougheti.
The position will oversee a nearly $7.5 billion portfolio.
The global alternative investment firm’s new co-cio originally joined the firm in 2014.
The university’s managing director of real assets is leaving the institution after nearly eight years of service to join a southern retirement system in the same role.
The firm added a Northeast sales director to grow its business, which provides investment management and advisory services to endowments and foundations in addition to pensions funds, insurance companies, sovereign and government funds.
The foundation has hired a new ceo and v.p. for advancement to lead all aspects of the organization, including managing the endowment, generating philanthropic support and providing engagement opportunities for alumni.