Daily Feed
A large Northeast pension fund has issued an RFI seeking real estate managers specializing in non-gateway markets.
The Massachusetts Institute of Technology Investment Management Company (MITIMCo) announced today that MIT’s unitized pool of endowment and other MIT funds generated an investment return of 8.8 percent during the fiscal year ending June 30, 2019. At the end of the fiscal year, MIT’s endowment funds totaled $17.4 billion, excluding pledges.
A California pension plan has disclosed four recent private equity commitments.
Global food production company Cargill has agreed to sell its independently-managed subsidiary CarVal Investors to the firm’s executive team.
A New Mexico county wrapped up a search for investment portfolio management services last quarter.
A city pension fund in the Great Plains has eliminated its commodities allocation while increasing its real estate targets.
A Northeastern state plan has terminated six firms as a result of a recently approved developed markets equity portfolio structure.
Black Diamond Capital Management has added a senior managing director and portfolio manager for non-control distressed investments.
A pension plan in the Southeast has issued an RFP for a general investment consultant.
A Midwestern pension plan is scheduled to consider and approve a private equity manager RFP later this month.