Audax Private Debt has closed its third direct lending fund, representing the largest in the firm’s history.
The partnership matches the firms’ expertise in fixed-income, inflation-sensitive and small-cap equity strategies.
The search is due to the contract expiration of its incumbent investment consultant.
Mario Giannini, executive co-chair of private markets firm Hamilton Lane, will retire next year.
The agencies have issued an RFP seeking investment advisory services for a combined portfolio valued at approximately $1.8 billion.
The retirement system also voted to recommend the liquidation of an international small-cap equity manager at today’s investment committee meeting.
The city rehired its incumbent investment manager following an RFP issued in May.
The town hired a firm to provide investment advisory services for its operating and capital funds portfolio this month.
The authority rehired its general investment consultant this summer after issuing an RFP in February.
The pension fund hired a new systematic trend following manager at today’s board meeting.