Fundraising News

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

October 21, 2022

Virginia Retirement Commits $350M Across Two Alternative Funds; Terminates Bond Manager

The Virginia Retirement System has disclosed two commitments totaling up to $350 million, $250 million was committed to Apollo European Principal Finance Fund IV. The Apollo credit fund will target...

October 18, 2022

Maryland-National Capital Park Selects Nuveen for Bank Loan Search

The Maryland-National Capital Park and Planning Commission Employees’ Retirement System has selected the Nuveen Senior Loan Fund for a bank loan search. Nuveen will replace Voya as bank loan manager...

October 18, 2022

Arizona Public Safety Commits to Healthcare Royalty and Credit Fund

The Arizona Public Safety Personnel Retirement System has disclosed an investment with Oberland Capital Healthcare Fund. The fund is a healthcare royalty and credit opportunities fund managed by...

October 14, 2022

Tennessee CRS Allocates $250M to Private Credit

The Tennessee Consolidated Retirement System has committed $250 million to Quantum Credit Opportunity Fund of One, according to an email from the $62 billion Retirement System. The allocation to the...

October 14, 2022

Houston Firefighters’ Commits $115M Across Two Alternative Funds

The Houston Firefighters’ Relief and Retirement Fund has disclosed two alternative investments totaling up to $115 million. $40 million was committed to Brookfield Infrastructure Fund V-B....

October 13, 2022

Merced County Hires Wellington for Core Fixed Income Search

The Merced County Employees Retirement Association has hired Wellington for active core fixed income management. $40 million will be allocated to the Wellington Core Bond Fund. Funds will be sourced...

October 13, 2022

Louisiana TRS Commits $325M to Alts

The Teachers’ Retirement System of Louisiana has committed up to $325 million across five alternative investments, according to an email from the Retirement System. $125 million was committed to ICG...

October 12, 2022

Merced County ERA Commits $30 million to Alts

The Merced County Employees’ Retirement Association has disclosed two alternative investments totaling up to $30 million, according to meeting minutes from the September 22 board meeting. $20 million...

October 11, 2022

Iowa Municipal Commits $20M to Private Credit Fund

The Municipal Fire & Police Retirement System of Iowa (MFPRSI) has committed $20 million to the Bain Capital Credit Global Direct Lending 2021 fund. Staff approved the recommendation at the August 18...

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