Dalio’s Bridgewater Associates Appoints Two Investment Chiefs to Head Sustainability Venture
Karen Karniol-Tambour was formerly head of research at the hedge fund; Carsten Stendevad was previously chief executive at ATP.
Corporate Moves
Boston Family Advisors Names Laura Tuttle, Warren Gibbon Co-CIOs
Tuttle joins from SCS Financial, while Gibbon has been promoted from chief investment strategist.
Bard Is Driving Toward a $1 Billion Endowment with Soros Donation
The college must match the philanthropist’s $500 million donation within five years, and it’s already halfway there.
Missouri State Retirement System Seeks New CIO
Shannon Davidson is set to resign from $9.1 billion pension fund as early as October.
ESG Will Power Capitalism to Solve Humanity’s Problems, Says Ackman
Hedge fund head cites four stocks, including Starbucks and Lowe’s, as examples of sustainability prowess.
Rockefeller University Names Paula Volent New CIO
She joins the biomedical research institution from Bowdoin College and succeeds CIO Amy Falls, who’s moving to Northwestern.
World’s Top Carbon Offenders Need to Step Up, Says Investor Group
Investors managing more than $54 trillion says firms require clear short- and medium-term targets and related capital expenditures.
CAAT Pension Plan Names Asif Haque CIO
Julie Cays, current CIO of the C$13.5 billion pension plan, will retire at the end of April.
UN’s Herman Bril Named Arabesque CEO of Asset Management
After serving as the CIO of the United Nations Joint Staff Pension Fund since 2016, he takes the helm of the UK asset manager in July.
Colby College Appoints Deborah Shufrin New CIO
The allocator was DCIO at Brandeis University for the past decade.
Bowdoin College Names K. Niles Bryant CIO
He will succeed Paula Volent, who will step down June 30 after running the $1.8 billion endowment for 20 years.
TIAA Taps Thasunda Brown Duckett as CEO
She will become the first woman to helm the $1.3 trillion financial services giant.
CPPIB Chief Mark Machin Exits Amid Vaccine Uproar
The CEO of Canada’s largest pension fund traveled to the Middle East to get a shot. The plan’s credit head, John Graham, replaces him.
Northwestern Names Amy Falls New VP and CIO
She will be the first woman to oversee the $12.2 billion endowment.