In The News
The University of Missouri and Hillsdale College have agreed to settle Hillsdale’s lawsuit against the university. As part of the settlement, the institutions will split the endowment, currently valued at approximately $9.2 million.
Sub-advises fund with Cliff Quisenberry at helm.
Groups representing municipal employees and teachers are often paid to endorse investment products.
Alabama’s Employees Retirement System pension fund earned only a 2.78% rate of return during the fiscal year that ended Sept. 30, but Retirement Systems of Alabama CEO David Bronner pointed out that the figure was skewed by a “really rotten first quarter.”
Värde Partners, a leading global alternative investment firm, today announced it has raised its 13th flagship vehicle, Värde Fund XIII, with $2.47 billion in commitments.
Mercer today announced its global assets under management had reached $304.5 billion USD as of 30 November, 2019.
Firm’s second junior debt fund closes at its cap.
Firm has closed a $350 million middle-market collateralized loan obligation, Churchill Middle Market CLO IV Ltd.
EnCap Investments plans to raise $1.5 billion for a new fund that seeks to capitalize on North America’s shift to clean-energy infrastructure, said people familiar with the matter.
Many investment firms have been touting new products as socially responsible. Now, regulators are scrutinizing some funds in an attempt to determine whether those claims are at odds with reality.