Daily Feed
The global manager closed its latest real assets fund above its initial $400 million target.
Two hospital systems based in the Chicago area have agreed to a merger that is expected next year.
The institution will consider investments with startup companies recently launched from its ecosystem through its accelerator fund at its board meeting this month.
A foundation in the Midwest is looking to grow its impact investments portfolio by 25% starting next year.
The pension system also discussed a potential private equity pacing plan that calls for $80 million to $90 million per year to reach its 11% target.
The retirement association expects to approve a recommendation next year.
The foundation is seeking a manager of investment operations to oversee investment transactions, documentation, reporting processes, compliance activities and data management systems.
The corporation is seeking a consultant to advise on investment policy, fund selection and monitoring, fee benchmarking, participant education and compliance support for its 401k plan.
An RIA based in the Midwest has hired a managing director and partner for its private markets team from an alternative investment management and advisory firm.
The analyst will assist in identifying, evaluating, selecting and monitoring investment opportunities across private markets, including venture capital, private equity, natural resources and real estate.
