Daily Feed
Four total firms will vie for an approximately $521 million mandate.
Managers are launching new open-end real assets funds as competition is increasing in most strategy types and firms that offer more investor-friendly fees and terms can be more competitive in searches, according to a new study.
The investment manager will serve as a generalist and source, underwrite, close and monitor investments across asset classes.
The investment analyst will provide support and assistance for the oversight and management of the university’s endowment.
The newly approved asset allocation increases strategic targets to private equity and public income.
The trust fund added core-plus real estate fund this month as it looks to increase its exposure to manufactured housing and residential real estate.
The fund has partnered with two managers to launch a duo of funds that bar investments in fossil fuel companies or conflict-affected areas.
The acquisition expands SageView’s presence on the East Coast by acquiring a mid-Atlantic based independent registered investment advisor that provides retirement plan consulting services to over 90 institutions and has more than $400 million in assets under advisement.
The association for municipal pensions has hired its first-ever cio to lead the investment strategy and portfolio management for its public employee retirement program.
The fund expects to receive a recommendation to commit $120 million to a new infrastructure manager at this week’s board meeting as it’s underweight its target to the asset class.