Announcements
The firm’s latest fund targeting value-added investments in hotels across the U.S. was oversubscribed after receiving commitments from endowments, foundations, public and corporate pension plans, insurance companies and wealth management firms.
The firm recently expanded its leadership team with the appointments of two managing directors of institutional services.
The university added six alumni, including one with investment experience, to its board of trustees in recent months.
The alternative credit manager has closed its second collateralized fund obligation, which will invest in U.S. senior lending, junior capital and equity co-investments, just below $200 million.
The mid-Atlantic based growth equity firm has promoted its cfo to partner.
The firm added a head of portfolio solutions to strengthen its leadership in alternatives research and advise on its product for the wealth management channel.
The firm added a central regional director to work with nonprofit and institutional clients, providing them with investment advisory, asset allocation and portfolio construction services.
The university elected four alumni to join its board of trustees, including two investment professionals, at the start of this quarter.
The Boston-based firm has agreed to acquire a retirement plan consultant focused on the New England region.
The firm closed it latest strategy above its target at its hard cap of $275 million.