Daily Feed
Following the transaction, Sterling Capital will operate as a standalone entity.
The plan is looking to diversify its current fixed-income bucket.
The retirement system hired three managers and made follow-on commitments to two existing strategies as part of an evergreen private debt search.
The private investment firm added a managing director to its direct lending investment platform.
The private equity firm appointed a 20-year veteran to the newly created role.
Fund is largest pan-regional infrastructure fund to have been raised for Asia Pacific
The pension trust is running searches for investment grade corporate credit and multi-asset managers to handle respective allocations of $660 million and $130 million.
He joins the firm as a managing director working with institutional investors.
The town is seeking a manager to oversee three asset pools totaling $185.1 million.
The plans’ current outsourced cio was first hired in 2019.