Sun Life Financial plans to acquire 80% of global infrastructure and real estate investment manager InfraRed Capital Partners for approximately $390 million.
A Southeastern pension plan expects to issue its consultant RFQ early next year.
A Northeastern pension plan approved a new asset allocation last month and will remove its fund from its state pension pool.
Smead Capital Management will open a new East Coast office on Jan. 1.
FS Investments has entered an agreement to acquire multi-asset investment boutique Chiron Investment Management.
An Eastern pension plan disclosed new investment commitments at this month’s meeting.
Industry Ventures promoted Ira Simkhovitch and Amir Malayery to managing directors on the secondary funds team, effective last week.
Pacific Current Group and Kudu Investment Management have purchased equal minority stakes in real estate private equity firm Pennybacker Capital.
MFS Investment Management has updated the portfolio management teams for several of its strategies and funds, effective Dec. 31.
A Southeastern pension plan approved the termination of a domestic small- to mid-cap value equity manager last week.