Industry News
The fund aims to provide investors access to a global, diversified portfolio of direct co-investments in buyout, growth equity and other private markets transactions.
The acquisition increases Westwood’s total assets under management by 33% to $16.3 billion.
The plan has “small exposure” to FTX across two of its venture capital managers.
The plan will welcome back a familiar face to serve as interim cio but will lose an investment officer to the private sector at the end of the month.
The college savings program is searching for a new executive director as its previous head left the role earlier this month to join a municipal financial advisory firm.
The managing director is responsible for the firm’s acquisitions activity in the central U.S. market.
The firm recently added a senior investment advisor to support its foundation, endowment and institutional nonprofit clients.
Corporate and healthcare pension plan sponsors agree that combating inflation and rising interest rates are among the biggest risks to markets over the next year, according to a recent survey.
The firm has acquired a wealth management and asset management platform with over $1 billion in assets under advisement.