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The firm has hired two new employees and announced four staff promotions.
A mid-Atlantic church has issued an RFP seeking an investment advisor to oversee and manage two portfolios.
The foundation approved investments with two Black-led strategies as it looks to achieve its goal of allocating half of its portfolio to diverse-owned managers by the end of 2025.
The plan’s U.S. large-cap equity portfolio is now held in one passive mandate.
The firm’s $870 million fundraise surpassed both its target and original hard cap.
The search follows a structure review that calls for two core and core-plus managers.
The investment fund is seeking large-market private equity buyout and non-core infrastructure strategies.
The retirement fund made commitments totaling $2.7 billion in August.
The fund has allocated nearly 70% of its total equity across 70 assets that span seven alternative sectors.
The fund will see its senior portfolio manager of private equity depart later this week.