“Adding a well-rounded group of seasoned investors, led by Silver Lake, will further prepare us to execute as healthcare continues the shift towards evidence generation and value-based reimbursement models.”
Nancy Tengler, chief investment strategist at Tengler Wealth Management, which has around $450 million under management:
Hardly a month went by without news of the high-fee money managers -- young and old, running large and small shops, big and little-known names -- shutting down.
This transaction is a new step in the growing relationship between Grupo SURA, one of Colombia's largest multinational holding companies, and CDPQ, a leading global institutional investor managing nearly US$235 billion in assets.
McCormick, who took over running Blackstone Alternative Asset Management, or BAAM, at the beginning of the year, spoke with Bloomberg on Dec. 14. His comments have been edited and condensed.
The Florida Growth Fund is a legislatively-approved program providing capital to growth related businesses in Florida, having already committed over $750 million in Florida-based funds and direct private credit-related investments since commencing in 2009