Extensive and timely coverage of the institutional industry.
The deal will expand T. Rowe Price’s fixed-income and ETF capabilities.
The two positions were created to support asset growth.
The retirement fund authorized commitments totaling $305 million, including one new relationship.
The six firms will handle aggregate assets of $1 billion.
The authority has issued an RFP seeking investment advisory and consulting services.
The position will assist the fund’s cio in overseeing its investment portfolios.
The commitment satisfies the retirement systems’ 2026 pacing plan for private markets.
The manager hire was recommended as part of a public equity structure analysis.
A new report found that foundations saw double-digit returns for the third consecutive year, marking the longest such streak in one study’s history.
A university based in a Southern state will consider recommendations from its consultant to invest in private equity and venture strategies.