Alternatives
A university based in the Midwest added new investments to its portfolios during the fourth quarter.
Registered investment advisor CW Advisors is being sold to wealth management firm Osaic.
An asset manager offering ETF products has named two portfolio managers that will begin managing investments soon.
The plan also funded a new internally managed enhanced index fund.
The plan was informed of staff-delegated alternatives commitments totaling $1.5 billion at its board meeting last week.
The retirement system approved private equity commitments across two managers at today’s board meeting.
Fund’s investors included a $1.3 billion commitment from the C$714.4 ($525.2) billion Canada Pension Plan Investment Board.
The retirement system’s director of public equity was also honored before his retirement later this month.
A new report indicates that lack of liquidity and high fees remain the largest barriers for private markets strategies in the financial advisor industry.
A trust fund based in a Western state has approved the addition of a private equity fund-of-one, a real estate strategy and a custom, multi-asset alternative mandate to its portfolio.