Extensive and timely coverage of the institutional industry.
The city is seeking investment advisory services for its $630 million portfolio.
Bridge Investment Group has acquired substantially all of private equity secondaries manager Newbury Partners.
Plan will replace a recently terminated core real estate manager.
The plan added a European private equity commitment last week.
The pacing plan will target a total of $80 million to the asset class.
The plan is seeking a firm to provide bundled provider services.
The firm has added a private equity veteran to its roster.
The plan disclosed $668 million in total commitments with one new manager and twelve existing managers in the fiscal second quarter.
He joined the firm’s board of directors last week after retiring from the Minnesota State Board of Investment in 2022.
The fund approved terminating a domestic large-cap growth equity manager due to underperformance and reinvesting the proceeds with an existing passive equity manager relationship late last year.