Daily Feed
The office’s newest deputy cio joins from a Midwestern Federal Reserve Bank.
The retirement association disclosed $60 million in private markets commitments following closed session deliberations.
The new hire will lead the firm’s investor relations function and help shape its broader capital strategy across its investment platforms.
The retirement fund also disclosed commitments totaling roughly $1.2 billion in July and August.
Audax Private Debt has closed its third direct lending fund, representing the largest in the firm’s history.
There are no plans for a replacement search at this time.
The final fund close exceeded the firm’s $1 billion target.
The retirement system hired three firms to provide the services in 2013.
The investment consultant, which is being acquired by an RIA, shared insights on the acquisition process and why it stood out against the field of other institutional investment consultants.
The system has added at least three members to its investment team in recent months to help oversee its pension, operating, endowment and corporate portfolios.
