Industry News
The U.S. and Israel’s joint strike against Iran over the weekend has prompted retaliation across the Middle East that sent oil prices surging, though industry experts believe the markets can absorb those levels in a short-lived conflict.
The retirement fund announced the promotion of its general counsel to the executive director role last week.
The plan added a senior investment officer last month from another pension fund within the state.
The fundraise exceeded the firm’s $4.25 billion target.
Victory Capital has submitted a bid to acquire Janus Henderson Group that is of “meaningfully higher value” than the firm’s pending deal with Trian Fund Management and General Catalyst Group Management.
New York Life has launched New York Life Investment Management as the unified global brand for its asset management businesses across public and private markets.
The university is searching for a cio to oversee investment strategies and portfolio management for its endowment after seeking a discretionary advisor for the portfolio in 2022.
The firm’s newest senior v.p. joins from Warburg Pincus.
The principal and financial advisor will retire from the investment consulting firm this summer.