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Institutional Allocator News
Massachusetts Port Authority ERS has launched an RFP for international equity managers for a $160M mandate, with proposals due April 2. Jacksonville Police & Fire Pension Fund committed $30M to Churchill Middle Market Senior Loan Fund V, approved Waycross Partners for a $150M large-cap core equity mandate, and is advancing its large-cap growth manager search. Weymouth Retirement System (MA) opened an RFP for a $25M active value international equity mandate, while Westfield CRS started a $25M large-cap core equity search. LA Fire & Police plans an international small-cap RFP to replace Principal Global Investors. Chicago LABF narrowed its core plus fixed income search to four finalists. Nebraska Investment Council retained Aon as general consultant and hired Aksia as specialty consultant.
Wealth Allocator News
Genstar Capital Chairman Jean-Pierre Conte launched family office Lupine Crest Capital, focusing on private equity, real estate, and venture capital. Former Bessemer Trust advisors started Dallas-based multi-family office Storgate for UHNW clients. BanyanGlobal Family Business Advisors named former Walton Enterprises CEO Stephan Roche as partner. Constellation Wealth Capital and Rise Growth Partners are reportedly in talks to invest in $7.8B RIA Procyon Partners. AlTi Tiedemann Global acquired €14B ($15B) German MFO Kontora, expanding into Germany. DecisionMap Wealth Management left Goldman Sachs to join Dynasty Financial Partners, bringing $177M in AUM. Avantax recruited $80M Louisiana-based Brazzel Wealth Management. Mesirow Wealth Management hired advisor Ashley Crotwell from Sequoia to expand its Florida presence.
Private Fund News
Gallatin Point Capital raised $674.6M for its third private equity fund, nearing its $1.6B predecessor. Harbor Group International secured $170.5M for its multifamily equity fund, targeting $299.8M. Glentra Fund I raised €540M ($584.6M), approaching its €750M target for energy transition investments.
Other News
Former Ares Management PE co-head Scott Graves launched Lane42 Investment Partners with a $2B capital commitment from Millennium Management, focusing on public and private market opportunities.
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