Firm has closed Ashbridge Transformational Secondaries Fund II at $2.5 billion of total capital commitments.
Alan Cline will join private equity manager Hg as head of North America to lead activity across the U.S. and Canada.
The plan will hear presentations from three consulting firms, including its incumbent, next month before making a selection.
Authority is seeking investment consulting and advisory services for its $1.2 billion in operating and bond portfolio assets.
The first private equity initiative of Ariel Investments will leverage $1.45 billion commitments.
Candidates will be evaluated on firm organization, investment policy development and manager research and performance evaluation, among other considerations.
Firm has completed fundraising for its eighth special opportunities fund.
Radcliffe Capital Management has hired Peter Duffy as its director of investments.
Naïm Abou-Jaoudé has been named ceo of New York Life Investment Management.
Bridge Multifamily Fund V is the largest dedicated multifamily fund ever raised.