Fundraising News

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

December 21, 2023

Tennessee Valley Retirement Approves Updated Allocation Targets; Terminates EM Debt Manager

The Tennessee Valley Authority Retirement System has approved their new target asset allocation mix according to minutes from the September 21, 2023 board meeting. The System’s general consultant,...

December 18, 2023

Cambridge Retirement System Hires Two Managers for Emerging Markets Debt Search

Cambridge Retirement System has selected Marathon for the hard currency mandate for the Emerging Markets Debt search, according to minutes from the October 26 board meeting. Fidelity also interviewed...

December 15, 2023

Watertown Retirement System Selects ABS for Emerging Markets Equity Search

The Watertown Contributory Retirement System has selected ABS for the Emerging Markets Equity Search, according to minutes from the September 20th Board meeting. $6.5 million will be allocated to the...

November 21, 2023

IMRF Commits $440M to Alts; Terminates Emerging Markets Strategy

The Illinois Municipal Retirement Fund disclosed seven new commitments to alternatives totaling $440 million. In private equity, $30 million was allocated to Agent Capital Fund III, $50 million to...

November 10, 2023

San Mateo Retirement Evaluating Two Firms for EM Debt Search

The San Mateo County Employees’ Retirement Association has narrowed the Emerging markets Debt search to two firms, Eaton Vance and Franklin Templeton. The $6 billion Retirement Association and their...

November 07, 2023

Kern County ERA Commits to Real Assets; Terminates EM Equity Manager

The Kern County Employees’ Retirement Association approved the commitment of $40 million to the ITE Rail Fund, according to notes from the November 1st meeting. Additionally, the board approved the...

August 30, 2023

San Jose Federated Discloses 8 Investments Totaling $111M

The San Jose Federated City Employees’ Retirement System has disclosed 8 investments in the first half of 2023 totaling $111 million. $5 million was committed to the private equity fund, Pain &...

August 24, 2023

LA Water & Power Preparing Global Equity Searches

The Los Angeles Water & Power Employees’ Retirement Plan was presented with two RFP recommendations at the August 23 board meeting. It was recommended that an RFP for a second unconstrained global...

August 16, 2023

LA Fire & Police Pension Commit $20M to Private Credit; Eliminate Emerging Markets Allocation

The Los Angeles Fire & Police Pension System has approved a $20 million commitment to the Charlesbank Credit Opportunities Fund III. According to meeting materials from the August 17 board meeting,...

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