MVM Partners has closed its sixth healthcare fund at $500 million in limited partner commitments.
The plan is searching for a private credit/debt consultant and will lose a team member of 30 years and head of its fixed-income and global income strategies since 2000 to retirement.
David Seaman has been named president of Domain Capital Group.
Texas state governmental agencies appear to be continuing external manager relationships with BlackRock while being forced to divest direct holdings exposure to the firm as it is included in Comptroller Glenn Hegar’s initial list of financial companies that boycott energy companies.
Alternatives investment consultant Aksia has added two professionals to its global private credit team.
Plan is looking for a firm to fill out its unfunded 5% target to private debt.
Firm closed its debut fund with total commitments of $322 million to its core and related co-investment funds.
Grant D. Kalson has retired from general investment consultant Dahab Associates, CEO William Dahab confirmed, in an e-mail.
The plan added a re-up commitment to an existing relationship.
The plan expects to make a decision on hiring an emerging markets value equity manager at a future meeting following finalist presentations conducted this week.