News

Extensive and timely coverage of the institutional industry.

Multi-Asset/Investment Advisor
Northeast Pension Issues Investment Manager RFP

The retirement system rehired its incumbent manager after similar searches in 2006 and 2018.

07.30.25
Industry News
Blackstone Real Estate Platform Executive Dies

Wesley LePatner, senior managing director at Blackstone, was killed at the firm’s New York headquarters following an incident on Monday.

07.30.25
Core-Plus
Windy City Pension Slates Core-Plus Bond Interviews

The retirement fund’s investment committee will interview three finalists in a $737 million search next week.

07.30.25
Consultant/OCIO/Discretionary
New England Pension Hires New General, Alternatives Consultants

The plan issued an RFP in January due to the contract expirations of its incumbents, which all submitted bids in the search.

07.30.25
Small- to Mid-Cap
New England Pension Seeking Active, Passive Domestic Equity Mgrs.

The searches include a maiden domestic small- to mid-cap equity mandate.

07.30.25
Private Equity
Wisconsin Makes Private Markets Commitments

The pension plan made $665 million in total private equity/current return and real estate commitments in the second quarter.

07.30.25
Industry News
KKR Closes Second Asset-Based Finance Fund

The firm has raised $5.6 billion for KKR Asset-Based Finance Partners II.

07.30.25
Trends
PE & HFs To Benefit Endowments Facing Tax Burdens, Gov’t Cuts & Challenging Bond Mkt.: TIFF

Allocations to illiquid asset classes will provide university portfolios with stronger returns relative to public equity or bond markets over the long term, despite liquidity or spending squeezes in the short term.

07.30.25
ESG
Asset Manager Raises Third Fund

A global asset manager has closed its third fund providing loans to commercial properties for projects improving energy efficiency or environmental resiliency.

07.30.25
People Moves
New York Foundation Searching For Finance Director

The director of finance will be responsible for the foundation’s accounting, operations budgeting, financial reporting, payroll and human resources and audit and tax preparation.

07.30.25