News

FEG President, CEO Becky Wood to Retire at End of 2023

Fund Evaluation Group LLC, also known as FEG Investment Advisors, an employee-owned investment advisory with $71 billion assets under advisement, announced that Becky Wood, its president and CEO, will retire at the end of 2023 after five years at the helm of the organization and more than three decades of service to the firm.

Current CIO Alan Lenahan will take over as CEO, while Bill Goslee, the current head of institutional services, will take over as president, both in 2024. Additionally, Nolan Bean was promoted from head of institutional investments to co-CIO, effective immediately, joining Greg Dowling.

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Resource Capital Funds Seeks $250 Million for Mining Bets

Christian Busken, Senior Vice President and Director of Real Assets, is quoted saying, "Private-equity investment in mining remains a niche, technical business that many investors aren’t very familiar with and large alternative-asset managers tend to avoid. Despite an increased recognition among investors of the important role that battery metals are playing in the shift to clean energy, some remain reluctant to back extractive industries."

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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.

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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.

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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.

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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.

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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.

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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”. 

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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."

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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..."

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