Extensive and timely coverage of the institutional industry.
Fund VI closes with more than $1 billion in new capital commitments.
Firm has closed SKCP Catalyst Fund II with total committed capital of $800 million.
The plan concluded a domestic large-cap growth equity manager search in the second quarter.
The new office will initially support KKR’s real estate, private equity, private wealth and institutional client relationship teams.
The trust split its domestic large-cap value equity allocation with an additional manager hire last quarter.
The fund represents the firm’s largest to date after it exceeded a $5 billion target.
The plan’s new private markets allocation will consist of one-third private equity, one-third private debt and one-third real estate/real assets.
MissionSquare Retirement currently provides record keeping and administrative services for the authority’s plans.
The selected general investment consultant will serve from Oct. 1 through Sept. 30, 2024.
The growth equity firm has promoted four of its employees.