News

Extensive and timely coverage of the institutional industry.

In The News

Life Sciences Firm OrbiMed Raises $3.5 Billion Across Private Investment Funds

Life sciences investment firm OrbiMed announced $3.5 billion in commitments for its latest private investment funds, including $1.5 billion for OrbiMed Private Investments VIII, $800 million for OrbiMed Asia Partners IV, and $1.2 billion for OrbiMed Royalty & Credit Opportunities III.

03.02.21

Credit/Private Debt

New England Plan Seeking Direct Lending Manager

The plan is looking to invest $10 million in a diversified strategy.

03.02.21

Real Estate

West Coast Rehires RE Consultant

The plan rehired its consultant to a new three-year contract.

03.02.21

People Moves

Asset Management Co-Head Leaves Goldman Sachs

He assumed the role of asset management co-head on Jan. 1.

03.02.21

People Moves

TA Associates Adds North America Services V.P.

He will serve as a member of the firm’s North America services group and is based in Menlo Park, Calif.

03.02.21

In The News

Atalaya Capital Management Closes Fifth Asset Income Fund At $1 Billion Hard Cap

Atalaya Capital Management, an alternative asset manager focused on private credit and special opportunities investments, announced the final close of its fifth Asset Income Fund (“AIF V”).

03.02.21

Mid-Cap

Southeast Plan Approves Mid-Cap Growth Hire

The plan approved the hire of a domestic mid-cap growth equity manager at a meeting last week.

03.02.21

Consultant/OCIO/Discretionary

Northeast Plan Rehires Investment Consultant

The plan decided to retain its incumbent investment consultant at a special meeting last month.

03.02.21

Private Equity

Southwest Plan Adds PE, Direct Lending Commitments

A Southwestern plan has added $170 million in private equity and direct lending commitments, according to its website.