News

Up-to-date investment manager search leads, industry trends and investor profiles.

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
Morgan Stanley Taps OCIO Head
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
NY Common Makes PE Hire
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
Industry News
Illinois Police Launches Small-Cap Manager Search

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
Searches
New Orleans Employees Seeking Int’l Equity Managers

The $497 million City of New Orleans Employees Retirement System is searching for international equity managers.

04.02.25
Chicago Plan Makes Index Hires
Searches
Chicago Plan Makes Index Hires

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.

04.02.25
KC Employees Adds Small-Cap Growth Mgr.
Searches
KC Employees Adds Small-Cap Growth Mgr.

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.

04.02.25
Alternatives
Small Managers’ Share Of Fundraising Continues To Shrink

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.

04.02.25
Alternatives
A 360 View: How GenNx360 Capital Partners Has Navigated Investments, Exits In Shifting Private Equity Marketplace

Private equity investments and exits were up 37% and 34%, respectively, in 2024, and the industry picture is evolving in 2025 even further.

04.02.25