President Donald Trump’s “Liberation Day” tariffs that encompassed nearly all U.S. trading partners have sent markets into a tailspin and have managers and consultants emphasizing the benefits of diversification.
The retirement association recently committed $25 million each to private equity and credit commitments.
The firm’s first global data center fund closes with $2 billion of capital allocated.
Trive Capital Fund V closes with total commitments of $2.7 billion.
The city is seeking record keeping services on behalf of its $3.75 million 457(b) retirement plan.
The firm’s second structured capital fund closes with $400 million of commitments.
The lower middle market private equity firm’s newest funds closed at their collective cap of $1.4 billion.
The global private investment firm new president began in the role today.
The retirement system committed to funds with two new manager relationships last week.
Joshua Schachter steps into the role after 25 years of investing alongside longtime CIO Richard Snow.