The new CIO retains existing portfolio management duties.
He will co-manage the firm’s second recovery fund.
The new hire will help build the firm’s private equity, and private credit discretionary and advisory businesses.
There has been mounting pressure on mandatory ESG disclosure in recent years that may reach a precipice in 2021 with a new SEC Chairman.
The transaction is expected to close in the second quarter.
He will focus on commercial mortgage-backed securities.
Firm is seeking information on China, China A shares and emerging markets Asia long-only equity strategies to broaden its database of managers.
He will assist with business development, new investment opportunities and growth strategies.
The deal adds 15 employees to CAPTRUST.
The Pension Reserves Investment Trust (PRIT) Fund saw a return of 16.4 percent from July 1 through Dec. 31, outperforming its benchmark for that period of 12.5 percent.