News

Extensive and timely coverage of the institutional industry.

People Moves
FS Investments Bolsters Biz Development Team

The alternative asset manager added three members to its institutional business development team.

10.29.24
Consultant/OCIO/Discretionary
Texas Pension Taps Emerging Manager Consultant

The plan hired an emerging manager consultant this summer.

10.29.24
Consultant/OCIO/Discretionary
Midwest Pension Seeking Non-Discretionary Consultants

The plan has issued an RFP seeking non-discretionary consulting services.

10.29.24
Alternatives
Northeast Pension Slates Credit, Farmland Mgr. Presentations

The plan will receive presentations from a credit manager and a farmland manager in the coming months.

10.29.24
Industry News
Blackstone Closes First Evergreen Direct Lending Fund

The close brings Blackstone’s global direct lending platform to over $123 billion in assets under management.

10.29.24
News

CLARIFICATION: The West Virginia Investment Management Board committed $70 million each to ABR Capital Partners’ ABR Chesapeake Investors VII and TPG Angelo Gordon’s TPG AG Credit Solutions Fund III at its July 22 real estate committee meeting. Incorrect fund names and commitment amounts were included in yesterday’s FIN Daily based on plan provided materials.

10.29.24
Core-Plus
Illinois Pension Adds Bond Investments, Private Markets Commitments

The retirement system added a trio of domestic core-plus fixed-income investments at last week’s board meeting.

10.28.24
Administrator - Bundled
Midwest City Taps New Record Keeper For DC Plans

The city received seven proposals in response to an RFP issued in June.

10.28.24
Credit/Private Debt
Eastern Pension Plan Makes Commitments

The pension plan committed $120 million total to two existing manager relationships in the third quarter.

10.28.24
Industry News
Adams Street Raises $1.1B For 2024 Global Fund Program

The firm’s Global Fund Program will celebrate its 30th anniversary next year.

10.28.24