Industry News

Private Equity
Novacap Raises $3.8B For Latest Technologies PE Fund

The technologies private equity fund exceeded its $2.75 billion target.

02.25.26
Private Equity
Updata Closes Latest Growth Equity Fund

Updata Partners VIII closes with aggregate capital commitments of $875 million.

02.24.26
People Moves
Pinegrove Managing Partner Rejoins Firm

Thorben Hett has rejoined Pinegrove Venture Partners as managing partner.

02.23.26
People Moves
Ill. Municipal Executive Director To Retire

The retirement fund expects to discuss the search for Brian Collins’ successor at its Feb. 27 board meeting.

02.20.26
Surveys/Studies
DB Plans Post Best Performance Since 2020: Report

Defined benefit plans had a banner year in 2025, driven largely by higher equity exposure, according to a new report.

02.20.26
Surveys/Studies
Majority Of Inst’l Asset Mgrs. Using AI To Boost RFP Efficiency: Report

A majority of institutional asset managers are using artificial intelligence as a resource to boost efficiency and improve accuracy within the RFP process, according to a new report from Cerulli Associates.

02.19.26
People Moves
Southern Trust Eyes Portfolio Manager

The trust company is searching for a junior portfolio manager or portfolio manager to help oversee and manage its fixed-income and absolute return portfolios.

02.19.26
People Moves
Mid-Atlantic Foundation Searching For CIO

The foundation is seeking a new cio to lead the management and oversight of its endowment.

02.19.26
Surveys/Studies
Outsourced CIO Growth Expected To Continue As Investor Needs Expand: Study

The utilization of outsourced cios continues to expand quickly as the U.S. market, which accounts for 75% of the $3.3 trillion global outsourced cio marketplace, grew by 16% in 2025 driven primarily by organic growth.

02.19.26
People Moves
Southern Endowment Appoints New CEO

The endowment promoted an internal team member as its permanent ceo to conclude a search from last year as its previous head stepped down to focus on personal priorities.

02.19.26