Many of the world’s biggest asset managers say they’re increasingly struggling with some of the rules guiding the $35 trillion market for environmental, social and governance investing.
MIM’s suite of CITs will expand investor access to its Public Fixed Income strategies and capabilities, particularly for the defined contribution market.
A growing number of LPs are starting to turn away from allocating to the largest managers and towards experienced dealmakers who are starting their own shops – many of whom are spin-outs from the giant firms.
Once fully invested, the fund expects to have 20 to 24 core portfolio companies. Of these, Ocean Azul is aiming for 20% to be Israeli companies that have a U.S. market focus.