People Moves
The firm expanded its Philadelphia multi-family office team with the appointment of a managing director to deepen relationships with private business owners, wealthy families, local endowments, foundations and nonprofit institutions in the region.
The new hire most recently served as a senior portfolio manager at the State of Wisconsin Investment Board.
The college has hired a cfo and treasurer to oversee its finances and endowment following a search from earlier this year as its previous finance head retired.
The university has named an interim v.p. for finance, cfo and treasurer for its foundation as it searches for a permanent successor to its finance head, which left on June 30 to pursue other opportunities in higher education finance.
She will help enhance and implement best practices to engage with the firm’s growing investor base.
The firm recently added a managing director to its investment team.
Shelly Heier, president of investment consultant Verus, will depart the firm effective Sept. 30.
He will focus on the infrastructure, utility, power, energy and related sectors across the capital structure.
The new hire will focus on deepening and expanding the firm’s relationships with existing and prospective institutional investors and consultants.
The plan will split senior private equity responsibility moving forward.