Industry News
The private equity firm closed its second fund with $2 billion in capital commitments.
Olstein mutual funds will reorganize into Easterly’s fund complex under the agreement.
The new principal will lead the firm’s capital markets and leveraged finance activities.
The retirement system will divest its remaining $20 million in holdings with companies doing business in Iran.
The fixed-income research head has been with the firm since 2020.
The plan is moving to a new investment consultant after a 15-year tenure with its incumbent, as recommended by staff.
Sound Point Capital Management has closed its third fund with $1.5 billion in total capital commitments.
HBCUs have done the work of developing and producing leaders in the financial services and investment sectors in the face of funding cuts and other institutional barriers.
The university has tabbed its interim cio to take over the position permanently following a national search as its previous investment head left to lead a mid-Atlantic endowment.
The firm expanded its employee ownership to include a senior v.p. and consultant, reflecting both their individual contributions and the firm’s sustained growth across the Southeast.