The acquisition of the global fixed-income emerging manager will strengthen Allspring’s presence, particularly in emerging markets.
Dominic Marshall will take on the president role in addition to his cio duties a part of the firm’s long-term succession planning.
Tessa Tanis has been appointed the new director of real estate for the North Carolina Retirement Systems.
The new hire spent the past five years as head of fixed-income research at investment consultant Meketa Investment Group.
The fundraise increases total private credit strategy assets to $15 billion.
GCM Grosvenor has hired Michael Albrecht as a managing director in its infrastructure business.
The Foundation of Greater Montréal appointed Jason Taylor as its first-ever cio in March. Taylor took the time to answer 5 Questions with FIN News, plus one extra.
The fund surpassed its target and predecessor fund with $1.9 billion in total commitments.
The new managing director will lead the firm’s investor relations and fundraising efforts.
Court Square Capital Partners Fund V is the firm’s largest fund raised to date.