Industry News
The firm has hired a managing director and head of capital markets to expand its relationships with the global institutional investment community and grow its business development of private credit products and capital markets.
The firm has added three portfolio managers to its $5 billion fixed-income business to oversee its high-yield and investment grade bond strategies.
The actively managed strategy is part of a new series of mutual funds and accelerates the firm’s ongoing strategy to expand its in-house intermediary distribution network in the U.S.
Investment consultants have always been a crucial part of the U.S. institutional asset management business and new data finds the industry’s top consultants are becoming more influential than ever.
ACORE Credit Partners II closes with total equity commitments of approximately $1.4 billion.
Global equity strategies remain a compelling opportunity for institutions, according to one investment consultant who encourages greater use of active approaches.
The unified structure will be led by Jude Driscoll, who will become global head of fixed-income and private capital.
Trinity Street Asset Management is the tenth partner to join iM Global Partner’s global asset management family and distribution network.
The fund closed at its hard cap of $3.5 billion.
The Wellington Climate Innovation Fund closed with $385 million in commitments.