After struggling to meet a $12 billion fundraising goal, BlackRock staffers have set sights on growing the private-equity fund to $4 billion to $6 billion in assets over time.
At the $79.4 billion United Nations pension fund, continuing tensions came to a head this month when the UN participant representatives to the pension board — elected representatives of 85,000 active UN staff members — wrote on December 2 to the General Assembly body that oversees the fund about their concerns on a range of issues regarding the fund’s administration and governance.
Five representatives of Fossil Fuel Divest Harvard met with University President Lawrence S. Bacow and several members of the Harvard Corporation in a closed-door meeting last week.
Sawgrass Asset Management, LLC, a registered investment advisor based in Jacksonville, FL, has partnered with Alta Trust, a South Dakota chartered trust company, to create a Collective Investment Trust (CIT).
The firm announced that it has successfully held the final closing of the Adams Street 2020 Global Fund Program with approximately $823 million in committed capital.