City is searching for a firm to help oversee its $115 million portfolio.

The two will assist with deal diligence and execution, the firm said.

China-focused private equity firms are struggling for new cash, hit by increased skepticism among U.S. pension funds and endowments about the growing political and market risks of Asia’s largest economy.

With the stock market closed and sanctions imposed, investors were told to assume that billions of dollars in Russian assets had become essentially worthless.

Schools say it would place them at a competitive disadvantage and could threaten fundraising.

He is responsible for research, analysis and evaluation of investment managers.