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An Illinois-based pension plan is searching for an emerging manager-of-managers to handle up to $100 million.
CalPERS, Progress Decisions Create Questions Heading Into 2020
An emerging manager-of-managers firm has announced it will close in mid-2020.
The emerging manager-of-managers space has seen a significant shakeup in the past three months with the elimination of roughly $3 billion in assets from the California Public Employees’ Retirement System, Attucks Asset Management’s acquisition of Capital Prospects and the decision by Progress Investment Management Company to close this year.
Our January 2020 issue is now available.