MacKay Shields has named Alison Micucci as its next ceo effective Jan. 1.
The plan is seeking firms to handle an approximately $95 million mandate.
James Miller will serve alongside Co-President Kort Schnabel, who was appointed to the position in 2022.
The plan has issued an RFP seeking non-discretionary consulting services.
The plan will receive presentations from a credit manager and a farmland manager in the coming months.
The close brings Blackstone’s global direct lending platform to over $123 billion in assets under management.
The plan also removed a manager from the watch list.
The firm has closed its eleventh fund at its hard cap of $4.5 billion.
The city previously hired the firm in 2020 following a similar search.
She will take over responsibilities from the firm’s retiring managing director of business development and client relations.