Alternatives
The firm has added investment vehicles from a leading global alternatives investment manager to its alternative investments access platform, which provides RIAs, broker-dealers and their clients access to private markets investments.
A new study shows roughly a quarter of Ivy League or elite endowments’ private equity allocations are unfunded, meaning the institutions may need to rely on their liquid holdings within public stocks and bonds.
The plan also made two private markets commitments today.
The fund approved a maiden commitment to a private credit secondaries strategy during its August board meeting to take advantage of discounts in the credit secondaries market.
The consultant is acquiring an alternatives investment firm that provides solutions including insurance-linked securities, private credit, hedge funds and impact investing.
The retirement system added three team members, including two managing directors, to its staff.
The plan’s incumbent has been serving in the role since 2017.
The firm has added a principal to help lead new deals out of its latest fund and support its portfolio companies.
A state investment fund based in the Great Plains region will vote on a new commitment to a private credit secondaries vehicle.
An endowment fund based in a Southern state has slated interviews with five finalists in its direct lending manager search launched earlier this year.