Industry News
The firm’s latest fund targeting value-added investments in hotels across the U.S. was oversubscribed after receiving commitments from endowments, foundations, public and corporate pension plans, insurance companies and wealth management firms.
The university added an analyst to help conduct research and analysis on financial markets as well as existing and prospective investment managers.
The firm recently expanded its leadership team with the appointments of two managing directors of institutional services.
As U.S. professionally managed assets declined in 2022, Cerulli Associates’ latest report found a temporary trend reversal where institutional channel assets gained a slight edge over retail.
The fund is now more than 40% committed.
Firm has appointed David Eisenreich as North American head of retirement.
The firm hired a v.p. within its alternatives consulting group to provide consulting and research across alternatives with a particular focus on private equity and private debt.
The firm recently added a managing director to its investment team.
Fujita was hired as the new cio of the $31 billion plan in July after spending the last 13 years with the Los Angeles City Employees’ Retirement System.
