Industry News
The university added seven new members to its board of trustees, including one former investment professional and an operating advisor for a private equity firm.
The firm has acquired a Maine-based investment advisor, which works with individuals, family offices and institutional investors, as part of its continued expansion in the state.
Fund VI closes with more than $1 billion in new capital commitments.
Firm has closed SKCP Catalyst Fund II with total committed capital of $800 million.
The new office will initially support KKR’s real estate, private equity, private wealth and institutional client relationship teams.
The fund represents the firm’s largest to date after it exceeded a $5 billion target.
The retirement system has filed a civil complaint against former general investment consultant Aon Investments USA stemming from an error in the reporting of investment performance results.
The firm has hired a managing director and head of business development to expand its institutional business.
Firm lays out how an endowment or foundation can build a robust pipeline of diverse board members, starting with the creation of a board member matrix.