A Midwestern pension plan concluded its investment consultant search and graduated a fixed-income manager from its emerging manager program at today’s board meeting.
Plan will conduct an RFP for multi-asset credit managers later this year as the result of asset allocation changes that also include a maiden private debt target approved at today’s board meeting.
Siguler Guff, a leading multi-strategy private equity investment firm with $15 billion of assets under management, announced today that it has raised $240 million for its first direct investment emerging markets fund, GEMCo.
The second half of 2020 brought solid performances for most hedge funds, and the trend continued through the first quarter. Most hedge funds reported positive returns for the quarter, with event-driven funds being the best performers, according to an advance copy of Citco’s first-quarter hedge fund report.