Fundraising News

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

March 21, 2024

KC Public School Places $30M to Core Fixed Income and $20M to Private Credit

At the February 5th board meeting, the Kansas City Public School Retirement System approved four commitments to fixed income and private credit. $15 million was allocated to core fixed income manager...

March 20, 2024

LPL Adds Mississippi FA Team from Wells Fargo

LPL has added The McAnally Investment Group from Wells Fargo. They manage around $250 million and are based in Booneville, Mississippi. The team includes leader, J. Mark McAnally, his sons Josh and...

March 20, 2024

Arizona Retirement Targeting $1.85B to Private Equity, Private Credit

The Arizona State Retirement System is looking to place $1.85 billion across private equity and private credit in 2024, according to an implementation plan that was presented at a recent meeting....

March 20, 2024

LACERA Commits $575M to Private Equity

The Los Angeles County Employees’ Retirement Association approved three commitments totaling $575 million to private equity, according to minutes from the February 14th Board of Investments meeting....

March 20, 2024

Wells Fargo Adds Massachusetts FA Team from Morgan Stanley

The Li Group has transitioned from Morgan Stanley to Wells Fargo in Worcester, Massachusetts. They managed approximately $169 million in assets and generated $1.8 million in annual revenue while at...

March 20, 2024

LA Fire & Police Commit $30M to Spark Capital

The Los Angeles Police & Fire Pension System (LAFPP) has approved two commitments to private equity’s Spark Capital, totalling $30 million, according to a report from the March 21 board meeting. $10...

March 20, 2024

San Joaquin Sticking with Meketa

The San Joaquin County Employees Retirement Association (SJCERA) is aiming to extend its contract with Meketa, according to meeting materials. The Board recommended extending the contract with Meketa...

March 19, 2024

Caprock Acquires $2.2B Grey Street Capital

Caprock has acquired Grey Street Capital, a boutique advisory firm based in Chicago with $2.2 billion in client assets. This marks Caprock's first acquisition while increasing its assets under...

March 19, 2024

Newport News Retirement Considering Real Estate, Infrastructure Searches

According to minutes from the January 25 Board meeting, the City of Newport News Employees' Retirement Fund is considering a number of manager searches for the year. Investment consultant Meketa...

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