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The global asset manager has held the final close on its latest private credit fund, which targets junior debt investments in middle market companies in the U.S.
The firm has hired a senior investment consultant from another investment consulting firm to work with nonprofit clients.
The foundation is looking to add diverse-owned managers, of which currently has four, to its portfolio along with regionally focused investments.
The state fund-of-funds has issued an RFP seeking an investment consultant due to the upcoming contract expiration of its incumbent provider, which is eligible to rebid.
The city launched a search in December due to the incumbent’s contract expiration.
The fund will conduct a search for investment consultants next year after extending the contracts of its incumbent providers at its March board meeting.
The county is seeking a firm to provide investment advisory services for its roughly $700 million portfolio.
The retirement system made two private equity commitments with existing manager relationships earlier this month.
The alternatives platform will acquire a minority stake in the private credit firm launched by former
Northern Trust Asset Management President Shundrawn Thomas.
The venture fund focuses on later-stage growth investments in top performing companies across technology, healthcare and climate tech.