Industry News
When it comes to asset managers’ integration of ESG factors, larger firms tend to have a leg up on their smaller peers when it comes to the amount of resources available, according to inaugural analysis from investment consultant Callan.
More than half of defined benefit pension plans are bearish on the next year in the markets, according to investment consultant NEPC’s most recent survey.
The firm raised $28 million in the first close of its venture fund, which is anticipated to raise $100 million total.
The university-affiliated foundation hired a new director of investments from a West Coast family office following a search from this summer.
The New England-based institution is seeking a global investor to help oversee and manage its endowment.
A new study finds that endowments and foundations’ investment expectations are muted given an uncertain market environment, while they anticipate alternatives having an increased role in portfolios.
The firm has revised its due diligence questions around sustainability and diversity, equity and inclusion.
PSG Equity announced the final close of its second Europe-focused fund with more than €2.6 ($2.9) billion in commitments.
RidgeLake Partners’ passive minority investment will provide Gridiron Capital with long-term capital to support its ongoing growth.
The global asset manager raised nearly $3 billion from institutional investors for its second private equity fund focused on impact investments.