Fundraising News

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

February 29, 2024

Illinois Municipal Looking to Add to Alts; Increasing Allocation to Minority, Women Firms

According to a February 23rd news release, the Illinois Municipal Retirement Fund (IMRF) approved an updated strategic asset allocation mix including an increase to their target to alternative...

February 29, 2024

University of Houston Investing $50M to Global Equity

The University of Houston System Endowment is investing $50 million in the Jennison Global Equity Opportunities fund. Jennison is a new partnership for the Endowment. As of December 31, 2023, the $1...

February 29, 2024

Seth Marshall Launches Endeavor Wealth Strategies

Advisor Seth Marshall has launched Endeavor Wealth Strategies and transitioned to LPL Financial, through an alignment with Exemplar Financial Network. The team, previously affiliated with PNC Private...

February 29, 2024

$320M Merrill FA Team Flees to Ameriprise

Ameriprise Financial has welcomed a new advisor team from Merrill Lynch, bringing with them $320 million in client assets. The team, based in Tacoma, Washington, operates as Guthrie Rouner Group and...

February 28, 2024

Raymond James Adds Merrill Trio In Florida

Raymond James has recruited an advisor team from Merrill Lynch. The team, the Anderson McKelvey Group, includes advisors Jesse Anderson, Christopher McKelvey, and Anthony Gilotti, and is based in...

February 28, 2024

LGPS Central Announces New CEO

The Local Government Pension Scheme (LGPS) Central has announced in a press release on February 23rd that Richard Law-Deeks will become their new CEO. Richard Law-Deeks will start as the new CEO for...

February 28, 2024

Plymouth County Seeking Global Equity Managers

The Plymouth County Retirement Association has issued an RFP for Global Equity Managers. The search is for a $20 to $40 million mandate. Proposals are due March 15th, 2024. Investment consultant,...

February 28, 2024

Illinois Municipal Commits $125M to Private Equity

The Illinois Municipal Retirement Fund (IMRF) has approved up to $125 million in commitments to private equity in their February Board Meeting. The board approved the commitment of up to $75 million...

February 28, 2024

Montana Invests $110M to Private Equity

The Montana Board of Investments has allocated approximately $110 million to two private equity funds, according to materials from the February board meeting. £40 million (~$50M) was committed to...

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