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The county terminated its outsourced cio yesterday due to underperformance.
BC Partners Credit, the private credit arm of BC Partners, raised over $1.4 billion in investable capital for its third special opportunities fund.
The search follows the Jan. 3 departure of Executive Director Janilyn Murtha.
The firm’s new managing director has joined from Duration Capital Partners.
The deputy cio has resigned after a nearly 20-year career at the plan.
The search for due diligence purposes and the plan currently has three incumbent managers.
The retirement system is monitoring its domestic small-cap core equity manager for performance reasons.
The deal will add approximately 2,900 advisors and roughly $285 billion in brokerage and advisory assets to LPL’s platform.
Joshua Schachter steps into the role after 25 years of investing alongside longtime CIO Richard Snow.
Early-stage venture capital firm Construct Capital successfully closed its $300 million Fund III, the firm announced.