TLDR: Sterling Group Closes Sixth Private Equity Fund
- Sterling Group closes their sixth private equity fund.
- Wealth advisory firm adds former endowment director as private markets MD.
Sterling Group has successfully closed their sixth private equity fund, as reported by Financial Investment News. In other news, a wealth advisory firm has added a former endowment director as their private markets Managing Director. This move signifies growth and expansion in the private markets sector.
The article also mentions Southern System approving private equity and short duration fixed-income investments, showcasing a trend towards diversification in investment portfolios. Financial Investment News provides extensive and timely coverage of the institutional industry, including defined benefits plans, foundations, and endowments.
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