Investment consulting firm Mercer has reached an agreement to acquire Vanguard Institutional Advisory Services’ outsourced cio business.
Princeton University Investment Company, the investment management arm for Princeton University, has tapped an investment director from the Massachusetts Institute of Technology Investment Management Company as its next president.
Mercy Investment Services has hired Lisa Laird as its next cio
Matt Smagacz has joined the Kansas State University Foundation as director of investments.
Global multi-boutique asset manager Pacific Current Group has acquired a minority equity stake in women- and minority-owned private credit manager Avante Capital Partners, according to respective announcements from the firms.
1315 Capital has closed two funds with over $500 million in combined capital commitments, the firm announced.
This month’s news briefs include updates from the New York State Common Retirement Fund as well as GCM Grosvenor.
Miguel Thames has been named the new president and ceo of the National Association of Securities Professionals.
The alliance will enable alternatives investment manager Preserver to leverage the substantial resources of Channing Alternatives, a newly formed affiliate of Channing Capital Management.
The diversity of the approximately $11.6 billion endowment at DUMAC, the investment management arm of Duke University, remains static year-over-year at 42.4% of the portfolio.
Our annual feature on the diversity pipeline into the finance industry.