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.
Gemspring Capital Management has closed two funds at $2.1 billion in total capital commitments, the firm announced today.
The plan rehired its incumbent consultant after last conducting a search for the services in 2018.
The plan replaced its existing domestic small-cap value equity manager due to underperformance and organizational turnover.
The transition will go into effect in October.