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NY State to allocate $1bn for ‘emerging’ managersThe New York State Common Retirement Fund is upping its allocation to so-called emerging managers, including women- and minority-owned firms.
- Palladium hires Gary Nusbaum
The former Aetos Capital managing director will assist with the New York-based firm’s investments in the US Hispanic market and Latin America.
- US Hispanic fund draws $520m
Palladium Equity Partners, which in recent years has rebranded itself to focus more on the growing US Hispanic market, has closed its third fund on $520m.
- Rustic Canyon debut fund holds interim close
The Santa Monica-based venture group has partnered with three principals to launch its debut fund, focused on the US emerging domestic market.