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FUNDRAISING NEWS | June 13, 2024
At the June 6 investment board meeting, the Wyoming State Loan and Investment Board disclosed three investments to private equity, fixed income, and international equities strategies.
$125 million was committed to BEX Capital Fund V. BEX Fund V will focus on secondary markets of interest in established private equity funds based primarily in the US or Europe.
A commitment of $400 million was approved for Lazard International Quality Growth Fund. Lazard invests in high-quality growth-oriented companies with high financial productivity and long-term sustainability.
Lastly, a $500 million allocation was approved for Loomis Sayles Alpha Strategy (Disciplined Alpha). Loomis Sayles will replace current corporate bond manager Payden & Rygel.
RVK assisted with the investments.
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Written By: Jane Bailey, Marketing Associate
Jane Bailey is a Marketing Associate at Dakota.
June 27, 2024
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