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Sona Menon will join Morgan Stanley Wealth Management as its new head of outsourced cio.
The $273.4 billion New York State Common Retirement Fund made an emerging manager commitment in the first quarter.
The $56.1 billion Illinois Municipal Retirement Fund agreed to increase its target for assets managed by minority- and/or women-owned firms last week.
The $497 million City of New Orleans Employees Retirement System is searching for international equity managers.
The $1.1 billion Chicago Transit Authority Retiree Health Care Trust hired a pair of minority-, women- and disabled-owned managers in the fourth quarter.
The $1.3 billion City of Kansas City (Mo.) Employees Retirement System hired a domestic small-cap growth equity manager at its March 19 board meeting.
A new report offers the same story: it is hard for small managers to fundraise. This time, it is Hamilton Lane’s annual market overview that frames the struggles for small managers amid a broader decline in fundraising.
Private equity investments and exits were up 37% and 34%, respectively, in 2024, and the industry picture is evolving in 2025 even further.
Catalyze has unveiled its GP Runway Fund to address a critical funding gap faced by emerging managers by offering them accessible working capital loans.
Easterly Asset Management and strategic partner Easterly Snow are at an inflection point in several ways.
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