Extensive and timely coverage of the institutional industry.
The plan hired a multi-sector manager to complement its core and core-plus mandates.
They will lead the firm’s global fixed-income business.
He will work closely with the investment team on marketing and investment sourcing activities.
The transaction is expected to close in the third quarter.
The appointments bring the number of partners responsible for the group’s activity to nine.
They will guide the plan’s DEI framework and employee diversity advisory council.
Aside from detracting attention from the couple, Michael Larson’s main mandate has been to invest conservatively.
The plan is seeking managers to handle an up to $500 million mandate.
Given that the Bay area is one of the priciest regions in the country with one of the most acute housing shortages, it raises the question: are we seeing an investment fund-led surge here?
The need for higher returns can breed desperation for anyone with a portfolio—large or small.