The impact investment firm, founded in 2021, has expertise and advantages across asset classes, according to its equities CIO, Seth Kirkham.
The world’s largest asset manager saw year-over-year assets under management grow 17%, while client assets in alternative investments more than doubled due to recent acquisitions.
The alternative investment manager, which previously invested in the development of LaGuardia Airport, will join forces with the NBA champion to make impact investments.
Assets managed by the Massachusetts Institute of Technology Investment Management Co. rose to $27.4 billion.
