News
Investment Consultant Taps New Leaders As President & CEO Sets Retirement
The firm has named a co-cio and head of institutional services as its ceo and president, respectively, as its president and ceo is set to retire at the end of the year and become board chair.
FEG CEO to Retire
FEG Investment Advisors’ president and CEO, Rebecca Wood, is retiring at the end of this year. The investment consultant’s co-chief investment officer, Alan Lenahan, is taking over as CEO, and FEG’s head of institutional services, William Goslee, will serve as president.
Fund Evaluation Group sets succession plan for CEO
J. Alan Lenahan will take over as CEO of Fund Evaluation Group on Jan. 1, 2024, upon the retirement of current CEO Rebecca S. "Becky" Wood. William G. Goslee was also named president of the firm, effective Jan. 1, 2024, also succeeding Ms. Wood, according to a news release Wednesday.
FEG Investment Advisors Announces President & CEO Becky Wood to Retire at Year-End
Board Approves Alan Lenahan as CEO and Bill Goslee as President Effective January 1, 2024
Nolan Bean Elevated to Co-CIO Alongside Greg Dowling as Part of Leadership Transition
Kathryn Mawer and Jeff Weisker Promoted to Managing Director
FEG Investment Advisors (“FEG” or the “Firm”), an independent, employee-owned, investment advisory firm, announced today that President and CEO Rebecca “Becky” Wood will retire at year-end after more than three decades at FEG. The Firm also announced that its Board of Directors (the “Board”) has unanimously approved Alan Lenahan as CEO and William “Bill” Goslee as President, effective on January 1, 2024. Ms. Wood will work closely with Mr. Lenahan and Mr. Goslee throughout 2023 to provide continuity to clients. FEG’s long-term succession planning and ESOP (Employee Stock Ownership Plan) structure allow for a seamless and orderly leadership transition.
FEG CONTINUES TO GROW INSTITUTIONAL INSIGHT THROUGH ADDING NEW INVESTMENT ADVISORY BOARD MEMBERS
FEG, one of the largest investment consultants ranked by worldwide institutional assets under advisement as of June 30, 2022 by Pensions & Investments, bolsters the company’s depth of institutional knowledge through the growth and development of its investment advisory board. The board provides long-term strategic advice on investments and industry trends, strengthening FEG’s portfolio decision-making and advice for clients.
Texas Teachers Reap Benefits from Hedge Fund Bets
Greg Dowling, Chief Investment Officer, Head of Research at FEG, is quoted saying, “The large percentage of hedge funds have done extraordinary this year relative to stocks and bonds”.
Recognizing First Year of the Investment Consultants Sustainability Working Group (ICSWG-US)
Tim O’Donnell, Senior Vice President at Fund Evaluation Group says: “FEG Advisors is proud to be a member and applaud the efforts of the ICSWG-US over the past year. The collection of peer institutions around the US works diligently to address concerns on behalf of institutional investors seeking to address the systemic challenges of climate change and how to move the discussion forward. The collaboration elevates the entire industry and we look forward to assisting in future accomplishments. FEG joined as more of our clients seek solutions to climate change and how they can be a positive contributor to these challenges. In assisting our clients the ISCWG is an invaluable resource as we believe this collaboration provides better insight for areas of importance in reporting, stewardship, and regulation."
After Record Year, University-Endowment Returns Drop Into Negative Territory
Chief Investment Officer, Research, Greg Dowling, is quoted in The Wall Street Journal discussing how "Many schools’ use of a 'smoothing formula' to determine the size of their endowment’s distribution..."
FEG Invests in the Community
FEG Investment Advisors (FEG), an independent investment consulting and OCIO firm helping primarily institutional and non-profit clients invest for the long-term, reinforced their commitment to firm-wide community involvement with a recent volunteer event. Partnering with United Way, a team of 20 FEG staff members volunteered at the Brighton Center on Friday, September 23, to show support for their local community.
Community Foundations Increasing Diverse Manager Hires
FEG Senior Vice President, Institutional Services, Quincy Brown, is quoted in FIN NEWS discussing how "The number of community foundations who have hired diverse asset managers this year nearly doubled from last year’s..." FEG Community Foundation Survey.
DISCLOSURES
Fund Evaluation Group, LLC (FEG), a federally registered investment adviser under the Investment Advisers Act of 1940, as amended, providing non-discretionary and discretionary investment advice to its clients on an individual basis. Registration as an investment adviser does not imply a certain level of skill or training. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. Fund Evaluation Group, LLC, Form ADV Part 2A & 2B can be obtained by written request directed to: Fund Evaluation Group, LLC, 201 East Fifth Street, Suite 1600, Cincinnati, OH 45202 Attention: Compliance Department.
The information in the articles is from various sources. Neither the information or any opinion expressed in any of the articles constitutes an offer, or an invitation to make an offer, to buy or sell any securities. FEG does not guarantee the accuracy or completeness of such information provided by third parties. The information is provided as of the date indicated and believed to be reliable. FEG assumes no obligation to update the information, or to advise on further developments relating to any article or the information referenced within.
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