In hiring activity, $30.6 billion was at stake in the third quarter, down 45.9% from the previous quarter and down 31.4% from the third quarter of 2014. Wellington Management was propelled to the top of the ranking with a $1.2 billion emerging markets debt allocation from the South Carolina Public Employee Benefit Authority. Clearlake Capital Group received seven commitments to its funds in the quarter, totaling $475 million. For a third straight quarter, Blackstone Group ranked in the top three asset-gathers. Also, First Church of Christ, Scientist, with $770 million, hired Covariance Capital Management as an OCIO.