Goldman Sachs Asset Management terminated Ares Capital Management and Sirios Capital Management as subadvisers for one of its funds.
Spouting Rock Asset Management is taking an unspecified minority stake in money manager Glovista Investments.
Kristofer T. Kelleher was named director, client engagement, at OCIO firm Hirtle Callaghan, a new position.
Asia-Pacific alternatives manager Ares SSG closed its latest direct lending fund at more than $1.6 billion, double the previous fund.
Vanguard Group announced the reopening of the $120.3 billion Vanguard Wellington Fund.
Corporate 401(k) plans continued to emphasize cost savings in evaluating their fund lineups in 2020, 11-K filing data show.
Sanford Ewing was named managing director for North America at European private credit manager Pemberton Asset Management.
Helen Gurfel was named head of global sustainability and innovation at CBRE Global Investors, a new position.