News

Extensive and timely coverage of the institutional industry.

Industry News
Empower Retirement Acquires Retirement Plans From Fifth Third

Firm has announced an agreement to acquire 476 retirement plans from Fifth Third Bank.

09.29.20
Domestic Equity
Great Lakes Plan Concludes Large-Cap Manager Searches

A Great Lakes pension plan approved investments with two domestic large-cap value and three large-cap growth equity managers in recent weeks.

09.29.20
People Moves
Lazard AM Loses MENA Portfolio Manager

Portfolio Manager Fadi Al Said has left Lazard Asset Management.

09.29.20
International / Global / Emerging Markets
Midwest Plan Discloses New International Equity, EMD Managers

A Midwestern pension plan replaced international equity and emerging market debt mandates with new managers, as disclosed at last week’s meeting.

09.29.20
Fixed-Income
Southwest Plan Fills Non-Core Bond Allocation

A Southwestern pension plan approved a multi-sector credit fund investment to fill a new allocation to non-core fixed-income last month.

09.29.20
People Moves
HSBC GAM Hires Equity Income Chief From Barings

Barings Head of Equity Income Darryl Lucas has left the firm to join HSBC Global Asset Management.

09.29.20
Small-Cap
Tri-State Area Union Launches Small-Cap Equity Search

A union plan in the tri-state area has launched an RFP seeking a small-cap equity manager to handle approximately $11 million.

09.29.20
Mid-Cap
New England Plan To Issue Mid-Cap Value RFP

A pension fund in New England will issue a domestic mid-cap value equity RFP and has named finalists in its non-core real estate search.

09.29.20
In The News
H.I.G. Capital Closes H.I.G. Capital Partners VI At $1.3 Billion

H.I.G. Capital (“H.I.G.”), a leading global alternative asset management firm with $40 billion of equity capital under management, is pleased to announce the closing of H.I.G. Capital Partners VI (the “Fund”).

09.29.20
In The News
Silversmith Capital Partners Raises $880 Million For Third Growth Equity Fund

Firm eclipses $2.0 billion of capital under management since its founding in 2015.

09.29.20