The alternatives operational due diligence consulting firm recently hired a director to join its 10-member team and help provide operational due diligence for institutional investors and investment managers.
The system approved a recommendation to fully redeem a fixed-income investment from its operating pool and reallocate the proceeds among managers in its long-term pool for liquidity needs.
The fund expects to receive recommendations to add new multi-strategy hedge fund and international equity managers to its portfolio this month after making a private credit commitment at the end of the third quarter.
The firm has hired a managing director to oversee its investor relations and business development efforts as well as deepen relationships with existing and prospective investors.