Industry News
The firm has closed its largest real estate fund to date.
The fund surpassed its $1 billion initial target.
Private equity funds managed by Genstar Capital have agreed to make a majority investment in independent, privately owned firm First Eagle Investments.
The senior corporate analyst joined the firm from General Atlantic this month.
Rodney Zemmel has joined Blackstone as global head of portfolio operations.
Andrew Hoffmann has joined the retirement systems as an investment director.
The firm surpassed its fundraising goal by more than $200 million in capital commitments.
The executive director has been with the retirement system since 2008.
The fund has closed at its $5.6 billion hard cap.
A sustainable and impact investing assessment found that the majority of surveyed endowments and foundations, 93%, have sustainable investing policies and practices in place with 73% having “sophisticated” or “robust” measures.