Searches And Hires
The retirement system approved a $35 million commitment to a middle market senior loan fund at its board meeting yesterday.
The fund approved the addition of an upper middle market direct lending manager as its general investment consultant viewed the strategy as complementary to existing managers in the portfolio.
The university has issued an RFP seeking investment consulting services for its endowment and operating and reserve funds to review services that may be helpful in achieving its investment goals.
The foundation made its first-ever mission-related investment with an equity investment in a small business investment company that provides growth equity to minority- and women-owned businesses in the region.
The foundation made a commitment to a local venture fund that aims to boost businesses owned by people of color in the region.
The foundation committed an undisclosed amount as an anchor investment to a new private credit strategy focused on senior secured facilities, mezzanine facilities and participating capital and asset-backed loans.
The foundation has issued an RFP seeking investment advisory and management services for its endowed and non-endowed funds.
The plans conducted an advisory services search earlier this year.
The city last conducted a similar search in 2018 that resulted in the hire of a new record keeper.
The pension plan committed $10 million to an existing private equity manager relationship and approved a 2024 private markets pacing plan in May.