Daily Feed
The firm added a senior managing director and head of consultant relations from a real estate investment firm.
The firms have enhanced their partnership to expand access to institutional-quality private market capabilities across wealth and retirement channels.
The plan will issue a private credit RFP in July that will be open to diversified, direct lending and senior secured strategies.
The town is searching for administrative, investment advisory and actuarial services for its plans.
The chief investment strategist assumed the newly created leadership role this month and will also serve as a primary spokesperson for the firm.
The terminations include three underperforming managers.
Crescent Cove Fund IV was oversubscribed and with support from a diverse base of institutional investors.
The fund will consider committing $50 million to an existing private equity manager within its portfolio as staff recommended adding a strategy with General Partner stakes.
The foundation hired an executive senior investment advisor to lead its endowment management program.
