Investors are being more deliberate in their approach to private markets capital deployment given concerns over liquidity constraints, rapid technological change and geopolitical risk, according to a new survey from private markets investment manager Adams Street Partners.
The new principal will lead the firm’s capital markets and leveraged finance activities.
The retirement system will divest its remaining $20 million in holdings with companies doing business in Iran.
The retirement system will consider six commitments totaling $265 million at Thursday’s investment committee meeting.
The county received five proposals in response to an RFP issued on behalf of its deferred compensation plan in August.
The fixed-income research head has been with the firm since 2020.
The pension plans received seven submissions in response to a joint RFQ issued in October.
The pension plan made nearly $274 million in total real estate commitments last month.
Dana Hildebrandt recently joined the firm after working at Ninety One for nearly three years.
The deferred compensation plans had worked with their incumbent record keeper since 2012.