Industry News
Private markets activity is improving alongside artificial intelligence investment growth as investors lean into more complex and fragmented markets in their quest to unlock differentiated return sources.
GW&K Investment Management has named Partner Michael Clare as its new president.
The private equity firm closed its most recent fund with $670 million in capital commitments.
The U.S. and Israel’s joint strike against Iran over the weekend has prompted retaliation across the Middle East that sent oil prices surging, though industry experts believe the markets can absorb those levels in a short-lived conflict.
The retirement fund announced the promotion of its general counsel to the executive director role last week.
The plan added a senior investment officer last month from another pension fund within the state.
The fundraise exceeded the firm’s $4.25 billion target.
Victory Capital has submitted a bid to acquire Janus Henderson Group that is of “meaningfully higher value” than the firm’s pending deal with Trian Fund Management and General Catalyst Group Management.
New York Life has launched New York Life Investment Management as the unified global brand for its asset management businesses across public and private markets.
