Industry News
The fund exceeded its initial $1.5 billion fundraising target.
Foresti supports the management of Wilshire’s investment platform and leads its research efforts, including strategic investment and asset allocation research.
Defined contribution plans are increasingly favoring passive management for the target date fund strategies.
The fund has closed with approximately $8 billion in total capital commitments.
I Squared Capital has made two new senior appointments to its investment and asset management teams in London.
The firm saw its director of diverse manager equity leave after nearly nine years of service to advance representation across industries.
Differences in return from a size perspective were meaningful in 2024 among U.S. equity universes.
The new associate director serves on the firm’s product management team.
The pushback on diversity, equity and inclusion by the federal government, which plans to investigate whether DEI initiatives at several large universities and foundations are illegal, alongside several state governments has left some nonprofit institutions questioning their mission.
With Founder and CIO Roger Vincent at the helm, Summation Capital is a new asset management industry fund-of-funds known for its endowment style approach to private equity investing. Read how Roger and the Summation team doing things differently.