A Southwestern pension plan will review both its emerging manager program and an emerging markets equity manager at next month’s investment committee meeting.
The returns for U.S. endowments dipped in 2019 but rose for the 10-year period ending June 30 as the remnants of the financial crisis continued to fade into the past, according to the 2019 NACUBO-TIAA Study of Endowments.
Edge Principal Advisors announced the final closing of its fourth real estate fund, Edge Principal Investments IV, with aggregate commitments in excess of $560 million.
Intermediate Capital Group Inc, a subsidiary of ICG plc, has closed the ICG Strategic Equity Fund III at $2.4 billion, materially exceeding its $1.6 billion target and more than doubling the size of its $1.1 billion predecessor Fund II, which closed in July 2017.