The firm promoted two of its credit investment team members.
The firm will rebrand to Allspring Global Investments and be led by a new ceo.
The new hire will join the firm in October.
The new hire will replace Steve Bolze, who will retire from the position in the fourth quarter.
Slate Asset Management, a global alternative investment platform focused on real estate, today announced the final close of Slate Real Estate Capital I.
The assistant ceo will leave the plan and relocate to Washington.
A California plan concluded its private real estate search with the hire of two managers.
The two private equity commitments were made for pacing purposes.
A Midwestern plan approved an investment with an existing passive domestic equity manager and a distressed debt commitment this month.
The plan made a $25 million infrastructure commitment last month.