The retirement system added an investment director to its risk mitigating strategies portfolio team.
The plan’s current ceo is retiring next year.
The transaction will more than double Clearlake Capital Group’s assets under management.
The senior investment strategist will focus on developing U.S. private credit solutions for EMEA investors.
The firm has made several additions to its client solutions team to focus on the institutional channel.
Secondary fund investments are increasingly driving interest among institutional investors as the industry finds it’s a good place to gain comfort with private markets and efficiently deploy capital amid deal activity and fundraising surges.
The integrated platform unites five established businesses under one platform.
Kingswood Capital Management has received a passive minority investment from Bonaccord Capital Partners.
FIM Partners has entered into an agreement with Loomis, Sayles & Company to acquire its Global Emerging Markets Equities investment team.
The role is newly created.