Industry News
Naïm Abou-Jaoudé has been named ceo of New York Life Investment Management.
Bridge Multifamily Fund V is the largest dedicated multifamily fund ever raised.
Gemspring Capital Management has closed two funds at $2.1 billion in total capital commitments, the firm announced today.
Geoff Dailey will become the new head of U.S. equities later this year.
One fund is dedicated to early-stage investing while the other focuses on venture growth-stage opportunities.
He joined the plan on Jan. 23 from Mackenzie Investments.
The fund exceeded its target with a nearly 50% increase over the firm’s second fund.
The transition will go into effect in October.
The fund closed with $700 million in capital commitments.
He first joined the firm in 2012 and previously served as research director.
