The fund has raised $685 million for its second fund, which will continue to execute a asset-based private credit strategy that focuses on providing bespoke, founder-friendly financing solutions to high-growth tech-enabled companies.
The investment management company will conduct a national search for a president, ceo and cio as its current will be retiring by the end of 2025 after more than two decades of service.
A global asset manager has closed its third fund providing loans to commercial properties for projects improving energy efficiency or environmental resiliency.
The firm has sold its stake in a private equity manager, which has seen its assets under management quadruple to approximately $20 billion over the last seven years.
A private equity firm focused on the manufacturing and industrial sectors has raised a second fund with commitments from endowments, family offices and outsourced cios.