Industry News
About 42% of the university’s asset managers are diverse-owned as of June 30, a slight downtick from the 44% reported in 2021, but up from the 40% reported in 2020.
The trust has promoted its interim director of investments as v.p. of investments and finance to oversee and manage its investment portfolio on a permanent basis.
The fund focuses exclusively on founder-led and family-owned businesses with EBITDA of more than $15 million.
Consulting firm acquires Lyxor U.S. and its $20.8 billion in assets under management.
The fund closed at its hard cap of $5 billion in limited partner commitments.
The firm has added a three-member managed investment solutions team.
The pension plan opted to extend its general investment consultant contract for one year while it searches for a new executive director and cio.
Acquisition will add roughly $1 billion in assets under management and bolster Blue Owl’s presence in the life sciences sector.
Firm close its ninth fund, the largest in its history, with over $750 million in committed capital.