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Brian Engel has joined the public equity manager as managing director of institutional business development and consultant relations.
The firm interviewed two finalists at yesterday’s board meeting.
The strategies have each deployed or identified approximately $1.1 billion of initial investments to date.
The city expects to award a contract at the end of May.
KKR has closed its latest North America private equity fund with approximately $23 billion.
The city is seeking a firm to provide full-time non-discretionary management of its investment portfolio
The pension plan also made a private equity commitment in November.
The firm appointed a co-cio to guide portfolio construction, manager selection and the firm’s overarching investment strategy and asset allocation as part of its leadership transition.
The fund will consider adding an allocation with a new special situation strategy within its portfolio at its April board meeting.
Pearce is a managing director in Cambridge Associates’ endowment and foundation practice, tasked with conducting manager due diligence and developing investment strategies for clients with mission-related, ESG or impact investment objectives. He took the time to answer five questions with FIN News.