News

Extensive and timely coverage of the institutional industry.

Credit/Private Debt
Florida Pension Makes Private Credit Commitment

The retirement system approved a $35 million commitment to a middle market senior loan fund at its board meeting yesterday.

10.12.23
People Moves
Wealth Manager Acquires Two Advisory Teams

The firm has added private advisory teams from Janney Montgomery Scott and Wells Fargo Advisors to its global wealth management team.

10.11.23
Real Assets
Global Investment Manager Closes Third Fund Focused On Mining And Energy Transition Metals

The London-based firm has closed its oversubscribed third fund, which invests in mining and energy transition metals, at its hard cap, marking the largest fundraise in the firm’s fund series.

10.11.23
Credit/Private Debt
Western State Fund Approves Private Credit Strategy

The fund approved the addition of an upper middle market direct lending manager as its general investment consultant viewed the strategy as complementary to existing managers in the portfolio.

10.11.23
Fixed-Income
Institutions Underexposed To Fixed-Income, Missing Out On Returns: Survey

Nearly all institutions and wealth managers think fixed-income, where many are underexposed, is more attractive than equities as the threat of recession looms, a new study finds.

10.11.23
Consultant/OCIO/Discretionary
Southern University Issues Consultant RFP

The university has issued an RFP seeking investment consulting services for its endowment and operating and reserve funds to review services that may be helpful in achieving its investment goals.

10.11.23
MRI/Social Investments
Mid-Atlantic Foundation Makes First Mission-Related Investment

The foundation made its first-ever mission-related investment with an equity investment in a small business investment company that provides growth equity to minority- and women-owned businesses in the region.

10.11.23
MRI/Social Investments
Midwest Foundation Commits To VC Fund Targeting Local Minority-Owned Businesses

The foundation made a commitment to a local venture fund that aims to boost businesses owned by people of color in the region.

10.11.23
People Moves
Southern Foundation Adds Investment Director

The foundation recently hired an investment director from a nearby retirement system to help oversee its investment portfolio.

10.11.23
People Moves
Midwest Foundation Appoints Three New Board Members

The foundation has appointed three members to its board of trustees, effective Oct. 1, including one investment head of a Midwestern foundation.

10.11.23