Extensive and timely coverage of the institutional industry.
The plan made a $10 million allocation to an infrastructure manager at a meeting yesterday.
The transaction is expected to close in the third quarter.
The group is searching for ways to help private equity firms fully realize their growth potential.
They will focus on sourcing opportunities, deal underwriting and portfolio management.
The current ceo will stay on as an advisor until the end of the year.
The plan identified three key areas to as part of its new diverse manager initiative.
The plan is looking to invest in opportunistic credit, which would be a new asset class.
The plan has issued its private equity RFP that was approve last week.
A Mid-Atlantic city and its school board hired a new deferred compensation retirement plan provider last month.
The new hire will lead Blackstone Alternative Asset Management’s limited partner relationships and business development globally.