Private Equity
A university based in the Midwest hired an investment associate to focus on private equity investments.
Impact Capital Managers elected Hope Tarirai Mago as chairman of its board of directors, in April, the group announced.
The plan approved a commitment to an existing private equity manager at today’s board meeting.
The two will bolster the private equity firm’s capabilities in investment execution and value creation initiatives at portfolio companies.
Plan approved up to $405 million in new alternatives commitments this week.
A Midwestern plan hired a currency overlay manager and added commitments totaling $508 million this month.
The plan made its first private equity commitment for 2021 and is targeting $35 million for the year as part of its pacing plan.
Plan will issue RFPs for private equity and private debt managers following approval this week.
A fund in the West disclosed it is committing to alternative credit, China A-Shares, venture capital fund-of-funds, venture capital and opportunistic fund managers at its board meeting this week.
A university on the West Coast has elected the co-founder of an alternative asset manager to its board of trustees.