News

Extensive and timely coverage of the institutional industry.

In The News
Brightstar Capital Partners Closes Fund II At $1.27 Billion Hard Cap

Brightstar Capital Partners Fund II, LP (“Fund II”) marks the firm’s largest fund to date, having surpassed its $1.0 billion target.

04.15.21
Consultant/OCIO/Discretionary
Western Health Care Plan Seeks Discretionary Investment Advisor

A health care plan based in the West is searching for a firm to provide discretionary investment advisory services for its operating and capital funds.

04.15.21
Industry News
BNY Mellon Adds Senior Client Strategist

Hire is based in the firm’s Miami office.

04.15.21
Industry News
Asset Strategy Consultants Adds Senior Client Advisor

Hire was formerly head of an outsourced cio provider’s Baltimore office.

04.15.21
MRI/Social Investments
Foundations Commit Financing For Investment Fund Supporting Minority-Led Businesses

A community development organization and small business accelerator closed a Series A financing led by two prominent foundations last month to support underfunded and underrepresented entrepreneurs.

04.15.21
MRI/Social Investments
Midwest University To Divest From Fossil Fuels

A university based in the Midwest announced it will divest its endowment from investments in fossil fuel companies over the next decade.

04.15.21
Multi-Asset/Investment Advisor
Midwest Plan Issues Program Manager RFP

A plan based in the Midwest has issued an RFP seeking a program manager for its new investment account.

04.15.21
People Moves
Two Northern Trust Regional Presidents To Retire

Two wealth management presidents serving the Midwest are retiring from Northern Trust, the firm announced.

04.14.21
Surveys/Studies
Investors Expected To Increase Allocations To Cryptocurrencies, Study Shows Long-Term Benefits

Professional investors are expected to increase their exposure to alternative investments, including cryptocurrencies over the next two years, according to a new study.

04.14.21
ESG
BlackRock Hires Global Sustainability Head

BlackRock has hired a global head of BlackRock Sustainable Investing to lead the sustainable investing platform and its global initiative to help clients create more sustainable, resilient investment portfolios.

04.14.21