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Naïm Abou-Jaoudé has been named ceo of New York Life Investment Management.
Bridge Multifamily Fund V is the largest dedicated multifamily fund ever raised.
Gemspring Capital Management has closed two funds at $2.1 billion in total capital commitments, the firm announced today.
The plan rehired its incumbent consultant after last conducting a search for the services in 2018.
Geoff Dailey will become the new head of U.S. equities later this year.
The firm was also the sole bidder to an RFP issued last summer.
The plan committed $300 million total to two managers this month and was informed of two private equity co-investments.
The plan will seek approval to liquidate a $51 million mandate, with $15 million going to cash and the remainder to international equity.
One fund is dedicated to early-stage investing while the other focuses on venture growth-stage opportunities.
He joined the plan on Jan. 23 from Mackenzie Investments.