Brown Advisory is in advanced conversations with London-based Marylebone Partners to build an endowment-style offering for clients based outside the U.S.
The search will explore the core fixed-income manager universe for its roughly $417 million allocation.
The firm’s new international investor relations director joined in February.
The school district is seeking a firm to handle the sale of municipal bonds
The Teacher Retirement System of Texas has committed $225 Million as anchor investor to the fund.
The deadline for proposals in the search is Aug. 15.
The plan eliminated its short-duration fixed-income and TIPS allocations through manager terminations approved last month.
The retirement system added $350 million in alternatives commitments in the first quarter.
The retirement fund is seeking closed-end value-add or opportunistic equity private real estate funds.
Tim Stanton has joined PanAgora Asset Management as managing director and head of global distribution.