Industry News
The firm raised $28 million in the first close of its venture fund, which is anticipated to raise $100 million total.
The university-affiliated foundation hired a new director of investments from a West Coast family office following a search from this summer.
The New England-based institution is seeking a global investor to help oversee and manage its endowment.
A new study finds that endowments and foundations’ investment expectations are muted given an uncertain market environment, while they anticipate alternatives having an increased role in portfolios.
The firm has revised its due diligence questions around sustainability and diversity, equity and inclusion.
PSG Equity announced the final close of its second Europe-focused fund with more than €2.6 ($2.9) billion in commitments.
RidgeLake Partners’ passive minority investment will provide Gridiron Capital with long-term capital to support its ongoing growth.
The global asset manager raised nearly $3 billion from institutional investors for its second private equity fund focused on impact investments.
The foundation will initiate a search for its next president and ceo at the start of 2024 as its current head will depart after more than three decades at the organization.
The foundation’s cfo died unexpectedly at the end of the third quarter after seven years in the role.