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Black-owned and led alternatives firms saw the majority of investment manager search and hire activity as institutional investors continued to focus on private markets, FIN Searches data shows.
The overall slowdown in private markets commitments did not stop two Black-owned firms from closing funds as early-stage venture capital firms Collab Capital and Zeal Capital Partners recently announced closes for their respective second funds.
The growth in the largest Black-owned investment firms has slowed over the past year but continued its upward trajectory, new data from FIN Searches shows.
A foundation based in the Midwest is looking to hire its first-ever cio to manage its more than $1 billion investment portfolio.
The retirement system re-upped with a European credit manager this week.
The asset allocation changes reflect the retirement system’s progress in moving toward its current long-term policy.
A university based in the Midwest added new investments to its portfolios during the fourth quarter.
An investment management company housed at a university in a Southern state has hired a new managing director to spearhead its public equity portfolio.
A university based in the Midwest has removed a social responsibility clause from its investment policy statement.