News

Extensive and timely coverage of the institutional industry.

Private Equity
Western Tribe Launches New Direct Private Equity Group

The tribe’s growth fund, which handles investments in energy, real estate and private equity, announced the launch of a new subsidiary to make majority and minority private equity investments in lower middle market companies.

09.06.23
Administrator/Record Keeper
Southern University System Consolidates To Single Record Keeper For DC Plans

The system hired a single record keeper for its five defined contributions plans after launching an RFP process in the second quarter.

09.06.23
People Moves
Specialized Alternative Investment Firm Snags Morgan Stanley Executive As President

The global investment firm hired Morgan Stanley’s executive v.p. and coo as its president to oversee its strategic and operational initiatives.

09.06.23
People Moves
CalSTRS Hires Real Estate Investment Director

The plan promoted from within in hiring its first female real estate director.

09.06.23
People Moves
Mercer Appoints U.S. Outsourced CIO Business Head

The firm hired Olaolu Aganga as partner and U.S. cio to lead its outsourced cio practice.

09.06.23
Industry News
PGIM Appoints Prez, CEO Of New Private Alts. Arm

Eric Adler has been appointed as president and ceo of newly formed PGIM Private Alternatives.

09.06.23
Private Equity
Southern University Approves Private Equity Secondaries Commitment

The institution approved committing up to $20 million to an existing private equity manager with an additional co-investment with the firm at its investment committee meeting late last month.

09.06.23
High-Yield
Southern University Approves High-Yield Mgr. Addition

The university approved adding a new manager to its endowment to handle a high-yield bond mandate through partial redemptions of two domestic large-cap equity managers.

09.06.23
People Moves
Callan Adds V.P., Consultant From New England Consulting Firm

The firm hired a v.p. and investment consultant from an investment consultant based in New England.

09.06.23
Emerging/Diverse Managers
Smithsonian Has Nearly 40% Of Endowment W/ Diverse Mgrs.: Report

The institution’s Diversity, Equity and Inclusion Report showed that it has nearly 40% of its domestic assets under management invested with minority- and women-owned investment managers.

09.06.23