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 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 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.