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Billionaire Lukas Walton names new CIO for his family office

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Walmart heir Lukas Walton's Builders Vision tackles environmental challenges through philanthropy and impact investing.

Walton named Noelle Laing as the new chief investment officer for his family office.

Laing previously managed the firm's $1.7 billion philanthropy arm.

She is part of a growing cohort of women money managers for the ultra-rich.