Congress said borrowers in taxpayer-backed rescue programs had to be from the United States. Wall Street has a workaround. : Congress said borrowers in taxpayer-backed rescue programs had to be from the United States. Wall Street has a workaround. WASHINGTON -- Pacific Investment Management Company runs a hedge fund registered in the Cayman Islands, a common structure for avoiding certain U.S. taxes. But when a profit opportunity arose from the ashes of America's coronavirus crisis, that international location did not stop it from seizing the moment.
University of Notre Dame President Rev. John I. Jenkins, C.S.C., announced the retirement of Scott C. Malpass, effective June 30, after 32 years as the University's chief investment officer. As such, Malpass was responsible for the investment of the University's endowment and other assets totaling $14 billion.
The Columbia Investment Management Company is a subsidiary of the University that manages the investment of Columbia's $10.95 billion endowment. The chief executive officer of Columbia Investment Management Company, Peter Holland, is set to retire from his position.
Jerry Albright is stepping down as chief investment officer at the Teacher Retirement System of Texas this month. He will continue to serve as senior managing director, global investment initiatives for up to one year. Albright said it has been the honor of his lifetime to serve the members of TRS in many roles over the past 25 years.
Julie Yoo has joined Andreessen Horowitz as its newest general partner. More notably, Yoo becomes the fourth female general partner at a firm that for years had only men at the top of its ranks.
Alibaba chairman Jack Ma will step down from the Chinese firm leaving his handpicked successor a daunting task of steering the $460 billion juggernaut at a time when the market for its core e-commerce business has slowed sharply.
The $169 billion superannuation fund has hired a former Victorian Funds Management Corporation chief investment officer in a senior investment role on its equities team.
Amherst College is moving the staff that manages its $2.9 billion endowment to Boston at the request of its newly hired chief investment officer, according to a report. Mount Holyoke College nearby in South Hadley is hiring its first chief investment officer and considering establishing its investment management operation in either New York City or Boston.
A weekly roundup of jobs in the private equity industry - from buyout shops to venture capital funds to investment banks. California State Teachers' Retirement System is looking to hire an investment officer in the private equity unit. Under the direction of the associate portfolio manager, the hire will assist with the management of a portion of CalSTRS' multi-billion dollar private equity investment portfolio and provides analytical and operational support for the private equity program and private equity team.
A weekly roundup of jobs in the private equity industry - from buyout shops to venture capital funds to investment banks. California State Teachers' Retirement System is looking to hire an investment off [...]