Overall, 350 products were considered. Managers were ranked based on the following criteria: excess returns over the benchmark, performance versus peers, product asset growth and product asset percentage growth and information ratio.
The Massachusetts Institute of Technology Investment Management Company is seeking emerging stock managers as it looks to host a roundtable event in late March or April.
Seeding program TPG NEXT has made a fund investment through a partnership with The Visualize Group.
Emerging manager American South Fund Management has closed its second fund with $174 million in equity commitments.
Institutional investment consulting firms AndCo Consulting and Fourth Street Performance Partners are being sold to Mariner Wealth Advisors.
Dipesh Mehta has been named the new executive director and cio of the $24.8 billion Illinois State Board of Investment.
Christopher Ailman, cio of the California State Teachers’ Retirement System, will retire later this year.
Walter Global Asset Management has acquired a minority stake in Madryn Asset Management, the firm announced.
Sustainable investment platform Capricorn Investment Group has made a strategic minority investment in minority- and woman-owned middle market private equity firm SER Capital Partners, the firms announced.
Timothy Reese has been appointed secretary of the $3 billion Pennsylvania Municipal Retirement System.
