News

Extensive and timely coverage of the institutional industry.

Alternatives
Texas Plan Adds Alternatives Commitments

Plan disclosed $415 million in recent alternatives commitments from December.

12.21.22
Industry News
Capital & Advisory Services Firm Makes Strategic Investment In Investment Advisor

The firm has made a strategic minority investment in an investment advisor that has $6 billion in assets under management and advisement.

12.21.22
Hedge Funds
Great Plains Fund Adds Two Multi-Strategy Hedge Funds To Wrap Up Search

The fund wrapped up its search for multi-strategy hedge fund managers with two firms that will supplement and complement its existing hedge fund manager.

12.21.22
ESG
Investment Manager Completes Acquisition Of ESG & Impact Firm

The firm has completed its acquisition of a specialist global ESG and impact fixed-income investment manager, adding approximately $1 billion to its total assets under management.

12.21.22
Asset Study/Review
Southern University Revises Target A/A

The university increased its targets to private equity and global equity at the expense of hedge funds.

12.21.22
Alternatives
Private Equity Manager Acquires CIT

The transaction is expected to close no later than the middle of 2023.

12.21.22
Fixed-Income
Midwest Plan Adds Bank Savings Manager

The plan hired a new manager to handle its bank savings fund option as it provides a more stable income source.

12.21.22
People Moves
Financial Services Firm Names New CEO As Board Chair

The firm appointed its president and ceo as board chair and hired a new executive director for enterprise and operational risk.

12.21.22
People Moves
Midwest University Names New CFO

The university promoted its associate v.p. to cfo last month after they had been filling the role on an interim basis since July.

12.21.22
Multi-Asset/Investment Advisor
New England City Seeks Investment Mgmt. Services For Cemetery Funds

The fund has issued an RFP seeking investment managers to serve as a fiduciary for the funds, develop a balanced investment portfolio of growth and income and advise on asset allocation.

12.21.22