Industry News
The global alternatives investment firm will acquire the U.S. private credit manager, which as $3 billion in assets under management.
Pantheon has closed its third opportunistic credit secondaries fund with $2.2 billion in total commitments.
The plan will move at least a portion of its roughly $57.4 million domestic small-cap core equity mandate to a passive option while it considers the role of the asset class as part of a broader public equity review.
AEW Capital Management closed its latest real estate fund with $1.77 billion in total equity commitments.
The real estate manager has also announced a partner promotion.
Stone Point Capital has closed its tenth private equity fund with $11.5 billion in total commitments.
The new hire will lead the firm’s fundraising strategy in the Americas.
Justin Lord has been named the new cio of the Alberta Investment Management Corporation.
She had been with the plan since 2018 after joining from a foundation within the state.
The pension plan hired an investment analyst last month.