Search leads and updates from the emerging manager space.
he $63.3 billion Teachers’ Retirement System of Illinois made a value-add real estate commitment to a minority-owned manager last month.
The $884.1 million Firemen’s Annuity & Benefit Fund of Chicago has suspended its minority-, women- and disabled-owned private equity manager search.
The $85.4 billion New Jersey Division of Investment expects to expand its emerging manager program into a second asset class and hold a conference focused on the space in 2023.
The $71.2 billion Los Angeles County (Calif.) Employees Retirement Association has issued its real assets emerging manager program RFP.
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.”
This month, we have our annual feature on military veterans in the asset management industry.
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