Industry News
H.I.G. WhiteHorse Middle Market Lending Fund IV closes with $5.9 billion in assets.
Periscope Equity closed its third fund with aggregate commitments of $370 million.
The deal is expected to close in late September.
Commitments to the private infrastructure fund market ticked up amid a stronger fundraising environment as institutions seek strategies that offer inflation protection and stability.
The firm has also hired a senior global macro strategist on its multi-asset solutions team.
The manager added an analyst from an investment consulting firm.
The firm has hired Suleman Lunat as a managing director.
Institutional and individual investors are continuing to embrace private markets strategies in search of diversification and higher returns amid ongoing market volatility and geopolitical uncertainty, according to a new report.
The firm has hired a senior director to work closely with endowments, foundations and other institutions to introduce strategies aligned with long-term value creation and ESG principles.