Industry News
Invesco Direct Lending Fund II closed alongside similar vehicles with a total of $1.4 billion of investable capital.
The fund has more than $7 billion invested or committed for investment in businesses that are diversified across geographies, sectors and asset classes.
Kevin SigRist has returned to his role as cio at the state retirement systems – a role he resigned from in 2017.
The fund targets top-performing, oversubscribed funds and companies.
The new hire will oversee the firm’s investment activities alongside Co-CIO and Vice Chair Pablo Calderini.
The alternative investment firm raised approximately $400 million for private credit and equity tranches of lower middle market business across healthcare, business services and education sectors.
The firm is predicting moderate global equity performance, better high-yield bond returns and strength in private credit over the coming decade.
The director will lead the public markets manager research team and oversee the investment process.
Portis joined TIFF Investment Management as head of member portfolio management and services in 2020 from Mercer. She took the time to answer five questions with FIN News.