Kinterra Critical Materials & Infrastructure Opportunities Fund II closed at its hard cap of $950 million.
The university has hired its next investment head following a search for the role from last year after its cio left to join a mid-Atlantic institution on the same role.
The retirement system promoted a long-time investment staffer to the role.
The oversubscribed fund closed after four months in the market.
The retirement system added a senior investment analyst to help oversee its $30 billion public equity portfolio.
The health system named its next investment head from a Midwestern college following a search for the role from 2025.
The oversubscribed fund raised over $1 billion of investment capital from a range of global institutional investors.
The retirement system is looking to expand its investment staff through the additions of a private equity director and investment analyst.
The deal “will create one of the largest active global asset management firms.”
An investment advisory firm serving several nonprofit clients has agreed to merge with a wealth management firm.