Institutional and individual investors are continuing to embrace private markets strategies in search of diversification and higher returns amid ongoing market volatility and geopolitical uncertainty, according to a new report.
The deferred compensation plan hired a passive domestic large-cap growth equity manager to replace an active mandate last month.
The city received six proposals in response to an RFP issued in February.
The firm has added a head of private equity, who will also serve as the lead portfolio manager of its private equity evergreen fund.
The three hires reflect Baron Capital’s continued investment in senior leadership.
The new managing director will lead structured credit investments for the firm.
The program has opted to extend its general investment consultant contract rather than issue an RFP.
The managing director has joined the firm from Brookfield.
The new hire will lead the firm’s efforts to strengthen and expand relationships with investment consultants globally.
The firm has raised $1.86 billion for its fifth royalty and credit opportunities fund.