Search leads and updates from the emerging manager space.
The $233.2 billion New York State Common Retirement Fund disclosed emerging manager commitments totaling $35.2 million in December
The $6 billion Boston City Retirement System committed a total of $40 million to three diverse private equity funds-of-funds.
Mission Driven Bank Fund anchor investors Microsoft and Truist have selected two firms to co-manage an impact investment vehicle designed by the Federal Deposit Insurance Corporation.
The $954 million Pittsburgh Comprehensive Municipal Pension Trust Fund made a hire in its local emerging manager search at a Dec. 1 board meeting.
The $131 billion Pension Benefit Guaranty Corporation has issued its RFP seeking core fixed-income managers to handle a minimum of $50 million and maximum of $600 million each.
The California Public Employees’ Retirement System announced that it has made a $1 billion commitment “aimed at identifying and supporting the next generation of investor entrepreneurs in the private markets.”
Commonfund is looking to hire more diverse managers for client portfolios as the number of such firms in its portfolio grows,.
The $233.2 billion New York State Common Retirement Fund disclosed emerging manager program commitments totaling $121 million in October.
The $359 million John G. Shedd Aquarium has added a “diversity, equity, accessibility, and inclusion (DEAI) priorities” provision in its new investment policy
The $3 billion Rush University Medical Center made a new $100 million passive equity investment with a diverse investment manager during the third quarter.
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