Industry News
Lee Equity Partners Fund IV, together with its related funds, was oversubscribed and achieved its hard cap with $1.3 billion in total capital commitments.
The private equity fund acquired two companies prior to its final close.
RBC Global Asset Management made two senior promotions within its U.S. business, among other appointments.
The former director of investments for another Illinois pension plan takes on a new role.
Thomas Shingler serves as senior v.p. and ESG practice leader at investment consultant Callan, where he leads the San Francisco-based firm’s ESG-related research and education activities, while also working with endowment, foundation, public pension and corporate pension clients. Shingler took the time to answer five questions with FIN News.
The plan began a recruitment process for private markets investment officers in February.
The firm recently added a senior client relationship manager to its investor relations group.
Evan LaBarge was acting in the role after the resignation of former Cash Manager Jeffrey Thurston.
The firm has closed its oversubscribed third growth equity fund with more than $275 million in commitments.
The trust company hired a senior portfolio manager to develop investment strategies and research, analyze and evaluate securities and other investment information with a focus on venture capital and buyouts.