Community foundations dealing with rising interest rates and an economy that has “wobbled” over the last 18 months should revisit the role of alternatives, reconsider fixed-income and focus on costs to add stability and durability to their missions and address liquidity needs, according to a recent paper.
Managers need to target consulting firms that align with their business, upgrade their consultant relations team, embrace consultant databases and position themselves as though leaders to successfully master those relationships, according to a new report.
A recent award recognition and leadership transition at independent investment consultant LCG Associates validates its structure and customized client-first approach.
The low middle market buyout fund will follow the same investment strategy as the firm’s predecessor funds.
The deal would have seen Spouting Rock Asset Management acquire approximately 70% of the private market value equity firm over the course of two years.
The private equity firm’s oversubscribed low middle market buyout strategy was double the size of its predecessor fund.
The institution was named as having the “Best Emerging Manager Program” based on an a survey of institutional clients of a global fintech platform, beating out large and prominent public pension plans and endowments.
The buyout strategies exceeded their respective targets and will invest across middle and lower middle markets in North America.
The newly promoted portfolio manager has worked at the firm since 2020 on both its small-cap and large-cap teams.
The investment from Blue Owl will support Stonepeak’s strategic initiatives as part of the ongoing growth of its global platform.