The global asset manager has entered a definitive agreement to acquire full control of the London-based debt firm, which will see its 45-person team integrated into the asset manager’s European private debt platform.
The fund will consider new 2024 fiscal year strategic asset allocations that would increase its allocations to private equity and directional hedge funds, among other asset classes.
The institution is searching for an investment manager for public markets to participate in all aspects of its investment process from identifying and evaluating new investment opportunities through conducting due diligence meetings with potential managers.
The university has invested a portion of its endowment in the real estate partnership that owns the art deco-style skyscraper and two adjacent surface parking lots and parking structure to take a majority ownership stake.
The firm will open its first international office later this year, which will allow it to work closely with universities throughout the region to help provide talent and support to develop blockchain clubs and encourage blockchain-related curriculum.
The European private credit manager has hired its first-ever head of sustainable investing to further deliver on its ESG commitments and develop its sustainable strategies.
The Northeast-based firm hired a partner and head of custom strategies to lead the expansion of its business and work directly with foundations, family offices and other asset owners to design, build, and deploy flexible mission-aligned capital.