Remaining team members will absorb the portfolio manager’s responsibilities.

The new hire will oversee the firm’s $32.7 billion real estate equity portfolio, which includes core, core-plus, build-to-core, value-add and opportunistic strategies.

Are your state officials using other people’s money to play politics?

The Fund, which was oversubscribed, received strong support from both existing and new investors, including state pension funds, sovereign wealth funds, family offices, endowments, and foundations.

The new hire joins another Newton manager who begins next month.

They will oversee traditional strategies and alternatives, including private strategies and hedge funds, the firm said.