Secondary fund investments are increasingly driving interest among institutional investors as the industry finds it’s a good place to gain comfort with private markets and efficiently deploy capital amid deal activity and fundraising surges.
The integrated platform unites five established businesses under one platform.
The retirement system will conduct searches for domestic and global fixed-income and domestic and emerging markets equity managers.
Kingswood Capital Management has received a passive minority investment from Bonaccord Capital Partners.
The retirement plan approved two private equity commitments totaling $13.25 million in the third quarter.
The pension plan reviewed investment advisor proposals from four firms at a meeting last week.
The plans had issued an RFP for the services in the first quarter.
FIM Partners has entered into an agreement with Loomis, Sayles & Company to acquire its Global Emerging Markets Equities investment team.
The termination stems from underperformance and an asset allocation change.
The retirement systems are searching for a successor for the departing cio.