Three large foundations have committed to a women- and BIPOC-led private investment manager’s second private equity fund, which held its final close.
The firm closed its first multi-asset continuation fund, which will recapitalize four portfolio companies from its first two strategies, with approximately $325 million in commitments.
The fund will consider approving venture capital commitments to two new investment managers this month as part of its private equity pacing plan.
The firm is launching a global value fund to run in parallel with its flagship strategy.
The healthcare-focused firm has appointed two managing directors as partners at the firm.
The system will consider four high-yield fixed-income managers for possible inclusion within its portfolio after launching a search in the fourth quarter due to the termination of the incumbent due to personnel turnover and poor performance.
The university hired a new global equity manager and added a commitment to an existing real estate manager relationship within its endowment last week.
The institution has issued an RFP seeking a firm to develop and implement an investment strategy for managing its portfolio.
The endowment has committed to aligning its $4 billion in assets under management with its mission and values and is developing a new impact framework to guide its investment decisions.
The trust has hired its next cio to oversee and manage its approximately $8.6 billion endowment as its investment head is set to retire in June after more than 21 years of service.