Industry News
Bernie Reidy serves as managing director and national endowment and foundations executive and Michael Strauss is a managing director and senior investment strategist at Bank of America Private Bank. Both Reidy and Strauss took the time to answer five questions with FIN News.
She joins with experience from two New York pension funds.
Fund IV marks the firm’s largest today at $309 million in equity commitments.
She became the first woman to hold the position in the retirement system’s history in 2022.
Firm has appointed James Griffin as its new head of global liquidity distribution.
He is scheduled to announce his retirement at a board meeting next week after nearly a decade with the plan.
GTCR raised approximately $3.6 billion in aggregate commitments for its second strategic growth fund.
The pension plan also expects to launch its executive director search next week.
The global alternative asset manager has promoted 19 professionals.
Independent schools’ endowments generated strong performance for the second year in a row as the smaller institutions outperformed their larger peers, according to a new study.