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Woman-, Minority-Owned PE & VC Firms Surpass 1,000

The number of woman- and minori­ty-owned private equity and venture capital firms in the U.S. surpassed 1,000 for the first time last year, a recent report shows.

04.02.25
EMM Awards
2025 Emerging Manager Awards

Seven investment management firms have been selected for our annual Emerging Manager Awards.

04.02.25
Illinois Muni. Increases Target
Searches
Illinois Muni. Increases Target

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.

04.02.25
CalPERS Deputy CIO Departing
Industry News
CalPERS Deputy CIO Departing

Dan Bienvenue is departing his role as deputy cio of capital markets at the California Public Employees’ Retirement System to join General Atlantic as a managing director,

04.02.25
Industry News
Texas Muni. Adds Managing Director

John Ritter will join the $43 billion Texas Municipal Retirement System as a managing director of real assets this month.

04.02.25
Industry News
Former CalPERS CIO Joins CPPIB

The $C700 ($489) billion Canada Pension Plan Investment Board has hired Yu Ben Meng as managing director and head of investment portfolio management

04.02.25
LPL Acquiring Commonwealth
Industry News
LPL Acquiring Commonwealth

LPL Financial is acquiring Commonwealth Financial Network, the largest independently owned wealth management firm in the country, for $2.7 billion in cash.

04.02.25
Industry News
Sloan Foundation Hires From Cornell

The Alfred P. Sloan Foundation has hired former Cornell University Head of Private Equity Sean Olesen as managing director of investments

04.02.25
Industry News
Morgan Stanley Taps OCIO Head

Sona Menon will join Morgan Stanley Wealth Management as its new head of outsourced cio.

04.02.25
Searches
NY Common Makes PE Hire

The $273.4 billion New York State Common Retirement Fund made an emerging manager commitment in the first quarter.

04.02.25