Industry News
The firm recently added a managing director to its investment team.
Fund III closes with $230 million, exceeding its $200 million Fund II.
The retirement systems also eliminated global low volatility and TIPS allocations earlier this year.
Shelly Heier, president of investment consultant Verus, will depart the firm effective Sept. 30.
He will focus on the infrastructure, utility, power, energy and related sectors across the capital structure.
The firm raised more than $3.3 billion for its latest opportunistic real estate strategy.
The new hire will focus on deepening and expanding the firm’s relationships with existing and prospective institutional investors and consultants.
The firm appointed three new senior v.p.s to its U.S. institutional team.
The hire is one of three made to the firm’s senior team.
The firm’s third direct lending fund its largest to date with $1.2 billion in total capital.