Fundraising News

Stay up to date on the latest industry insights on fundraising news, searches, personnel changes and more.

September 29, 2023

Michigan Investment Board Commits $742.7M to Alts

The State of Michigan Investment Board has disclosed seven alternative investments totaling $742.7M, according to materials from the September board meeting. In private credit, $100 million was...

September 27, 2023

Arkansas TRS Considers $80M to Alts

The Arkansas Teacher Retirement System is considering two alternative investments totaling up to $80 million. A $30 million commitment to the Post Road Special Opportunity Fund III was recommended at...

September 22, 2023

CalPERS CIO Stepping Down

The California Public Employees’ Retirement System Chief Investment Officer, Nicole Musicco, will be stepping down from her position on September 29. CalPERS Deputy Chief Investment Officer Dan...

September 22, 2023

Ontario Teachers’ Pension CIO Departing

The Ontario Teachers’ Pension Plan announced that the Chief Investment Officer, Ziad Hindo, will be leaving OTPP at the end of the year on December 31, 2023. Stephen McLennan has been appointed...

September 21, 2023

LA Fire & Police Commit $60M to Real Estate; Review 2024 RE Commitment Targets

The Los Angeles Fire & Police Pension System has disclosed a commitment of up to $60 million to Oaktree Real Estate Opportunities IX, according to meeting materials from the September board meeting....

September 20, 2023

Illinois Police Officers Pension Issues Bank Loans RFP

The Illinois Police Officers Pension Fund has issued an RFP for leveraged / bank loans investment management services. According to the RFP, the IPOPIF seeks to invest a 3% allocation (approximately...

September 20, 2023

Kentucky TRS Commits $120M to Infrastructure, Private Equity

The Kentucky Teachers’ Retirement System has disclosed two alternative investments totaling up to $120 million that were approved at the August meeting. $60 million was committed to Macquarie...

September 13, 2023

Quincy Retirement Hires Two for Private Equity Search

The Quincy Retirement System has concluded the private equity search by committing $12 million between two managers. $6 million will be invested to both LLR Equity partners VII and to Mesirow Private...

September 11, 2023

Cincinnati Retirement Hires Fixed Income Manager; Retains Marquette

The Cincinnati Retirement System has disclosed hiring a new core fixed income manager, Diamond Hill. Diamond Hill was hired for an approximately $130 million mandate, according to meeting minutes...

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