Blue Sea Capital today announced that it has successfully closed Blue Sea Capital Fund II LP and Blue Sea Capital Executive Fund II LP, a $430 million private equity fund.
US pensions awarded $9 billion to hedge funds in H1 amidst market uncertainty, but as worst-case scenarios did not materialize in H2, equity markets recovered and hedge fund allocations tailed off to $2.2 billion in Q3 and $1.3 billion in Q4.
The airport authority made a recent hire in its search for administration and record keeping services for its 457 Deferred Compensation Plan and 401(a) Defined Contribution Plan.
The new managing director will oversee Elion’s strategic business development initiatives and lead capital formation across its investment vehicles, the firm said.