The firm’s open-ended Global Private Assets Fund launched in 2019, and is open to retail and wholesale investors in Australia and New Zealand, Canada, as well as parts of Europe, Asia, Latin America and the Middle East.
Real estate investment firm The Townsend Group cost the Dallas Police & Fire Pension System up to $1.2 billion in damages by failing to adequately warn it of the risks of investing in undeveloped land, the pension plan told a Texas state court jury Wednesday.
The firm will see a co-founder step down from its executive committee, while various heads of international regions and countries are retiring and transitioning away from the roles.