Industry News
The firm has appointed a president of its newly formed asset management pillar.
TCGX Fund III closes with $1.3 billion in capital commitments.
The fund received roughly $11.8 billion in external commitments.
Blue Sage Capital closed its oversubscribed credit fund at $287 million.
The investment officer departed the plan last month to join the Qatar Investment Authority.
The senior investment professional will serve in a generalist position and “play an integral role” on the plan’s investment team.
DigitalBridge Group has hired Wendy Pryce as a managing director.
Meridiam has closed its fourth North America infrastructure fund with more than $1.8 billion in commitments.
Thoma Bravo will fund the transaction from its balance sheet.
Report finds artificial intelligence advancements have improved how hedge funds invest, but human judgment remains vital to investment decision making.