Industry News
The acquisition will bring Seattle-based Pugh’s firmwide assets under management to $13.2 billion.
President Donald Trump’s “Liberation Day” tariffs that encompassed nearly all U.S. trading partners have sent markets into a tailspin and have managers and consultants emphasizing the benefits of diversification.
The position reports to Deputy CIO Eric Chin.
The firm’s first global data center fund closes with $2 billion of capital allocated.
Trive Capital Fund V closes with total commitments of $2.7 billion.
The new hire joins the department of the treasurer’s private equity investment team.
Reporter Nancy Vailakis had the opportunity to have a conversation with Verger CIO Craig Thomas, who oversees all aspects of Verger’s investment process.
The fund is searching for a director or associate director for operational due diligence to contribute to and lead aspects of the execution of its due diligence program, focusing on new and existing external investment managers across asset classes.
The firm’s second structured capital fund closes with $400 million of commitments.
The firm has appointed Kate Burke as its next ceo, effective later this summer.