News

Extensive and timely coverage of the institutional industry.

Multi-Asset/Investment Advisor
Texas City Chooses Investment Advisor

A Texan city has chosen a firm to help manage its general investment portfolio.

05.24.21
Fixed-Income
Michigan Plan Concludes Intermediate Bond Search

Plan added two domestic intermediate duration fixed-income mandates totaling $120 million.

05.24.21
People Moves
Cerberus Global Investments Appoints Vice Chair

He will work closely with Cerberus’ investment platforms, operations affiliates and portfolio companies to drive long-term value, the firm said.

05.24.21
Domestic Equity
Fidelity Appoints U.S. Equity PM

They will manage the America fund and the America special situations fund.

05.24.21
Infrastructure
Midwest State Plan Bolsters Infrastructure Portfolio

A Midwestern state plan added infrastructure commitments at its board meeting last week.

05.24.21
Fixed-Income
New England Plan Wraps Up EMD Search

The plan hired an emerging market debt blended manager following a search report presentation.

05.24.21
In The News
Wells Fargo Closed-End Funds Announce Board Approval Of New Investment Advisory And Sub-Advisory Agreements

Consummation of the transaction will result in the automatic termination of each fund’s investment advisory agreement and sub-advisory agreement.

05.24.21
In The News
Fitch Downgrades Virtus AllianzGI Closed-End Funds' Notes And Preferred Shares

The downgrades are driven by changes to Fitch’s rating criteria for closed-end funds (CEFs), rather than by any fundamental changes to the fund’s credit profile.

05.24.21
In The News
Private Equity Fumes Over Higher Taxes And Threat To End Billionaires' Loophole

After years of idle threats, Washington is talking seriously about ending the tax break that has helped private equity become one of the most lucrative corners of U.S. finance.

05.24.21
In The News
OKC Firm Raises $70 Million From 111 Investors: Who Are These People?

High net worth individuals are in high demand by private wealth managers like OKC’s Humphreys Capital and its Humphreys Real Estate Investment Fund.

05.24.21