Private Equity
Midwest Pension Launches Private Equity Search

The plan is seeking a fund-of-one structure to manage an initial 3% of its long-term 7% target to the asset class.

09.15.25
Private Equity
SLC Management Hires Senior PE Director

The senior director of private equity joined the firm last month from a pension fund.

09.15.25
Administrator/Record Keeper
Southern County 457 Plan Concludes Record Keeper Search

A total of three firms were considered in the search.

09.15.25
Multi-Asset/Investment Advisor
West Coast Board Issues Investment, Administration RFP

The plan’s incumbent managers were first hired in 2018.

09.15.25
People Moves
CIFC Taps Marketing, Investor Relations Global Head

CIFC Asset Management has appointed Eamon Heavey as global head of marketing and investor relations.

09.15.25
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Hedge Funds
Calif. City Approves Diversifying Strategies Mgr. Searches

The retirement system also made several changes to its public equity and real estate portfolios last week.

09.15.25
Alternatives
West Coast Trust Fund Approves Commitments

The three private markets commitments totaled $65 million.

09.12.25
In The News
Global yield curves: The overlooked catalyst driving stocks higher

A crucial economic indicator flashes green, yet few take heed. Convinced it outlived its usefulness, they shun this bullish signal or dismiss it outright. What is it? “Yield curves” – and understanding their sneaky global power gives you an advantage. Let me show you why this antiquated economic gauge has renewed energy – and what it says for stocks’ future.

The National
Is Google Screwed? Maybe. But Not How You Think.

The internet’s most profitable business model has always been simple: running search ads on monetizable queries. When you search “how many protons are in a cesium atom,” Google makes no money. When you search “best tennis racket,” it prints cash.

This asymmetry defines the entire search economy–some queries are pure curiosity, and others have direct purchase intent. It’s part of why Google (where people often search for products) is a $2T company and Wikipedia (where people search for knowledge or fun facts) is a non-profit.

Andreessen Horowitz
Charley Ellis: Indexing Is a Marvelous Gift

The noted author, consultant, and academic on the virtues of simplicity, the challenges facing active managers, and why he would stay away from investing in private capital.

Morningstar
Emory braces for a big tax increase on endowment after Trump bill

Emory University is anticipating a multimillion-dollar increase to its tax bill this year, which could mean less money for research and student scholarships.

The Atlanta Journal-Constitution
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