Industry News
Aflac Global Investments has acquired a stake in San Francisco-based lower middle-market direct lender Tree Line Capital Partners.
Private credit manager Brinley Partners has hired Rex Chung as a partner responsible for the firm’s investor relations and capital formation activities.
Fortress Investment Group and Mubadala Investment Company, through its wholly owned asset management subsidiary Mubadala Capital, have completed the acquisition of 90.01% of the equity of Fortress from SoftBank Group Corp.
With limited hours in the day, timing is important for allocators to be conscious of when seeking new firms, while emerging managers can benefit from knowing one’s audience, according to a recent webinar.
A portfolio manager overseeing several bond funds and another manager overseeing the global asset manager’s quantitative solutions team are set to retire next year.
The firm, which focuses on property-backed investments, has closed its seventh flagship fund above its target fundraise with 27% of all capital coming from nonprofits.
The health system is searching for an investment operations analyst to perform critical investment operations functions for all its investments, including retirement plan portfolios infrastructure and affiliated investment programs.
The firm has raised $1.6 billion in total commitments across five investment vehicles focused on venture funds and technology companies behind support from new and existing investors, including foundations, endowments, pension funds, family offices and high-net-worth individuals.
The founder of the Simons Foundation, who previously led leading quantitative hedge fund manager Renaissance Technologies, died on May 10 in New York City at the age of 86.
The global asset manager has hired three portfolio managers to help launch two emerging market debt strategies later this year.