Alternatives
The firm has hired the former director of investments at a mid-Atlantic-based college as a managing director of private markets to provide investment advice, income tax minimization and wealth planning and financial administration solutions.
The foundation added distressed credit, mezzanine debt and hedge fund-of-funds strategies to its portfolios last year.
The system approved private equity commitments with new and existing managers within its endowment and the addition of a short-duration fixed-income manager within its liquidity pool at its investment committee meeting this month.
The Houston-based middle market firm closed its sixth private equity fund at its $3.5 billion hard cap, exceeding its $2.75 billion target.
The firm has hired a managing director and head of capital markets to expand its relationships with the global institutional investment community and grow its business development of private credit products and capital markets.
The retirement plan made commitments within its opportunistic credit and private equity buyout portfolios.
The plan received an international equity structure review at today’s meeting that calls for a public RFP process.
The system is seeking investment consulting services across investment practices and performance as well as general investment and alternatives asset classes.
A state-sponsored endowment based in the South is looking to commit direct lending commitments to one or more managers.
A New York venture fund has raised more than $1 billion for its fund focused on cybersecurity companies.
