Boston-based private equity manager hired a director in its Mumbai, India office to focus on technology, healthcare, consumer, business and financial services companies.

He will be responsible for evaluating new transactions, due diligence, underwriting and working with portfolio companies.

He intends to co-found a new business that will provide debt and equity solutions to private U.S. companies.

The fund will invest in breakthrough biomedical technology companies.

A major Texas pension fund has taken a stance against fossil fuels, angering state Republicans who say the move defies a new law.

The new principal was previously head of institutional for the U.K. and Ireland at GAM.