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AlbaCore Capital Group has hired Luke Gillam as partner and head of senior direct lending.
MacKay Shields has named Alison Micucci as its next ceo effective Jan. 1.
The plan is seeking firms to handle an approximately $95 million mandate.
The plan’s incumbent general investment consultant was first hired in 2018.
Political pressure has deterred 10% of asset owners from continuing to incorporate ESG considerations into their investment decisions as 34% of the institutions find responding to the backlash time consuming and costly, 24% of them fearing litigation and 14% feeling pressure from stakeholders, new research shows.
The association has released the second edition of its book to provide guidance and resources for board members to effectively manage endowments and align investment strategies with institutional missions.
The firm, which seeks to lead investments in early-stage software companies at seed and series A stages, has raised more than $350 million for its inaugural fund, including a commitment from at least one large endowment.
The health network is searching for an investment director and director of investment administration to support its investment office in the management of endowment, operating and pension assets.
Proposed structure would shift the allocation closer to its MSCI All Country World Index ex USA benchmark and increase active management to 70% from approximately 40%.
The NAACP has launched a fund-of-funds to invest in fund managers and startups that are focused on closing gaps facing communities of color.