News

Extensive and timely coverage of the institutional industry.

Alternatives
Southern University System Approves Private Equity, Real Assets Commitments

The system approved an infrastructure commitment with a new manager alongside buyout and venture commitments with existing managers within its endowment this month.

08.13.25
People Moves
Western College Adds Two Alumni As Board Members

The college recently added two alumni, including one investment professional, to its 31-member board of trustees.

08.13.25
People Moves
New England College Seeks Senior Investment Operations Analyst

The college is seeking a senior investment operations analyst to handle cash management and reconciliation, data management, financial reporting and portfolio analysis.

08.13.25
In The News
Is Google Screwed? Maybe. But Not How You Think.

The internet’s most profitable business model has always been simple: running search ads on monetizable queries. When you search “how many protons are in a cesium atom,” Google makes no money. When you search “best tennis racket,” it prints cash.

This asymmetry defines the entire search economy–some queries are pure curiosity, and others have direct purchase intent. It’s part of why Google (where people often search for products) is a $2T company and Wikipedia (where people search for knowledge or fun facts) is a non-profit.

08.12.25
Credit/Private Debt
H.I.G. WhiteHorse Closes Lending Fund

H.I.G. WhiteHorse Middle Market Lending Fund IV closes with $5.9 billion in assets.

08.12.25
Administrator/Record Keeper
Mid-Atlantic DC Plans Issue TPA RFP

The administrator will be responsible for two deferred compensation plans with more than $420 million in assets.

08.12.25
Alternatives
Midwest Pension Issues Risk Premia Strategies RFP

The search is part of the continued buildout of the plan’s crisis risk offset portfolio.

08.12.25
Industry News
Periscope Equity Raises Third Fund

Periscope Equity closed its third fund with aggregate commitments of $370 million.

08.12.25
Real Estate
Midwest Pension Taps New Core Real Estate Mgr.

The plan interviewed three core real estate managers in June to replace an incumbent manager.

08.12.25
Consultant/OCIO/Discretionary
New England Pension To Issue Investment Consultant RFP

The plan last conducted a similar search in 2018.

08.12.25