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Medalist Partners and Semper Capital Management have expanded their partnership in the structured credit space.
The plan added a new domestic large-cap growth equity option to its lineup in May.
The fund added a private credit manager as part of the buildout of the asset class over the last 18 months as well as a private equity secondaries fund focused on distressed assets.
The fund may consider revising its investment policy statement and asset allocation following discussions with its general investment consultant at its August board meeting.
The firm hired a senior v.p. and investment consultant focused on nonprofit organizations as part of its client solutions team.
The institution has named an interim v.p. for finance and administration to oversee its investment program after its previous finance head left after over one year in the role.
Private equity buyout fund manager Revelstoke Capital Partners has completed successful fundraising for its third flagship fund.
The town issued an RFP in February seeking a firm to provide non-discretionary services for a short-term and medium-term investment portfolio.
The plan made commitments with two existing managers.
The plan expects to commit to buyouts and special situations funds for the next three years.