Alternatives
The pushback on diversity, equity and inclusion by the federal government, which plans to investigate whether DEI initiatives at several large universities and foundations are illegal, alongside several state governments has left some nonprofit institutions questioning their mission.
With Founder and CIO Roger Vincent at the helm, Summation Capital is a new asset management industry fund-of-funds known for its endowment style approach to private equity investing. Read how Roger and the Summation team doing things differently.
The position will drive environmental sustainability, climate risk management and responsible investment across its global investment strategies.
The pair of expected private credit commitments will help the fund as it looks to reach its target allocation to the asset class in the coming years.
A global investment firm has expanded access for its alternative asset platform to its private banking and advisor clients as well as entities that have no relationship with the firm.
The retirement system is seeking firms to provide private equity and private real return consulting services.
The retirement system finalized direct lending and private equity buyout commitments last week.
Private equity funds managed by Genstar Capital have agreed to make a majority investment in independent, privately owned firm First Eagle Investments.
The retirement system divvied up $12 million between two private equity co-investment funds-of-funds.
The fund will consider committing additional capital to two recently-hired managers within its portfolio at a special board meeting on March 5 after its original meeting on Feb. 19 was cancelled due to a winter storm.