Private Equity
A trust fund in a Western state will consider making a private equity commitment and shifting its portfolio toward illiquid allocations at its board meeting this week.
A Rocky Mountain pension plan amended its strategic asset allocation targets following a ten-year forward-looking study.
The plan approved its first private equity commitment at a February meeting after establishing a maiden allocation to the asset class last year.
One focuses on transaction execution and portfolio management, while the other is involved in all phases of the investment process.
The plan has not put its consultant contracts out to bid in more than 12 years.
A community foundation in New England added global equity, private equity and hedge fund managers to its investment portfolio last year.
The business combination is expected to drive investing advantages across Ares’ platform, the firm said.
A university in Canada has issued an RFP seeking a private equity investment consultant to assist with the management of its operating and endowment funds.
He will oversee the Atlanta-based firm’s portfolio of special purpose acquisition company investments.
Plan will conduct further due diligence on three emerging markets equity managers following review of an initial search report at this week’s investment committee meeting.