Industry News
The fund is co-managed by Executive Managing Member and CIO Tony Yoseloff and Managing Member of Global Credit Conor Bastable.
Fund closes with over $1 billion of equity commitments.
The firm has hired its next ceo to guide and lead its strategy as its previous head will transition to the newly created role of chair.
Firm’s new managing director of capital formation will serve in the private equity group.
The new hire focuses on municipal high-yield in the firm’s global fixed-income, currency and commodities business.
The managing director will lead the firm’s portfolio management in Europe and oversee the performance of its European investment strategies.
The firm has hired a new senior managing director and head of international real estate to spear head its plans to expand investing outside of the U.S.
The plan hired a veteran investment staffer from the Los Angeles City Employees’ Retirement System.
The low middle market buyout fund will follow the same investment strategy as the firm’s predecessor funds.
The deal would have seen Spouting Rock Asset Management acquire approximately 70% of the private market value equity firm over the course of two years.