Fundraising News

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

March 13, 2023

Sacramento County Discloses Three New Investments

Sacramento County Employees’ Retirement System has disclosed three new investments totaling up to $410 million. According to a February 2023 report, $190 million was invested to both ARGA Emerging...

January 03, 2023

Oklahoma Municipal Retirement Selects Axiom for Emerging Markets Equity Search

The Oklahoma Municipal Retirement Fund has hired Axiom for an emerging markets equity mandate. Axiom will replace Harding Loevner. The Board previously approved terminating Harding Loevner Emerging...

December 23, 2022

New Hampshire Retirement Terminates Emerging Markets Equity Fund

The New Hampshire Retirement System has terminated their investment with the Neuberger Berman Emerging Markets Equity Fund. Staff previously held conversations regarding the Fund’s underperformance...

December 12, 2022

Louisiana Firefighters’ Selects Mellon for Emerging Markets Index Search

The Firefighters’ Retirement System of Louisiana has hired Mellon for a MSCI Emerging Markets Index search. According to meeting minutes from the November 10 board meeting, three other firms were...

November 22, 2022

Illinois Municipal Retirement Commits $340M to Alternatives; Considers Emerging Markets Search

The Illinois Municipal Retirement Fund (IMRF) has disclosed seven alternative investments totaling up to $340 million. Private Equity IMRF committed to three Versant Ventures funds. $50 million was...

November 08, 2022

Florida SBA Discloses $1.3B in Q3 Commitments

The Florida State Board of Administration has released their Q3 new managers report, disclosing up to $1.3 billion in new commitments. Emerging Market/Domestic Equities $215 million was committed to...

November 02, 2022

New York Common Discloses September Commitments; Terminates Emerging Markets Manager

The New York State Common Retirement Fund has disclosed commitments totaling up to $1.2 billion. $20 million was allocated to private equity fund, Fortissimo Capital Fund VI. The private equity...

October 31, 2022

Illinois TRS Discloses $2.6B in New Commitments; Terminates Two Managers

The Teachers’ Retirement System of Illinois has disclosed up to $2.63 billion in new commitments, according to a recent news release. Private Equity/International Equity $50 million was allocated to...

October 19, 2022

Fresno County Selects 3 Finalists for Emerging Markets Search

Fresno County Employees’ Retirement Association has narrowed down their Emerging Markets Equity Search to three finalists. According to meeting minutes from the September 7 board meeting, ARGA,...

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