Industry News
Firm has closed Traverse Fund IV, a $400 million growth fund.
Firm held initial closing of Sagard Senior Lending with commitments totaling $315 million.
Rahel Ayalew has joined the firm to focus primarily on its credit platform.
The ceo is retiring at the end of the month and a national search for their successor will ensue.
The Northeast-based firm has appointed its head of investments as cio and head of business operations and growth as coo, both newly created positions.
The firm has relocated its Atlanta office to the Buckhead Village district from the North Buckhead neighborhood.
The college hired a managing director to help oversee its endowment at the beginning of the year after its previous managing director left last summer to join a Midwestern foundation.
The university concluded its search for a cio from last year by filling the position internally, naming its director of investments and interim cio as its investment head.
Plan finalized its selection at a December board meeting.