Industry News
Texas state governmental agencies appear to be continuing external manager relationships with BlackRock while being forced to divest direct holdings exposure to the firm as it is included in Comptroller Glenn Hegar’s initial list of financial companies that boycott energy companies.
Alternatives investment consultant Aksia has added two professionals to its global private credit team.
The investment advisory firm has purchased a women-led wealth management firm based in the Midwest.
The firm hired a head of ESG to develop an ESG strategy and standardize and enhance its ESG strategies.
The Midwest-based firm has promoted three principals to managing director and two directors to principals, while hiring a new principal to deploy a strategy that aims to partner with management leaders in sectors to identify, acquire and build market-leading companies.
The firm closed its inaugural special situations fund with over $85 million in commitments from new and existing institutional investors after beginning fundraising in late 2021.
The firm added a senior advisor to assist its full-time team with relationships, resources and industry knowledge to help optimize results for its portfolio investments.
The healthcare system’s cio will leave at the end of the year to take over as ceo and cio at a mid-Atlantic trust company.
Firm closed its debut fund with total commitments of $322 million to its core and related co-investment funds.
The firm has appointed two new hires and an existing employee to its executive committee.