Daily Feed
She will lead and manage investor relations, communications and fundraising.
The fund will invest in middle market companies in partnership with owners and managers.
He will serve on the investment committees of the firm’s flagship private equity and credit opportunities strategies.
The transaction is expected to close by the end of the year.
The plan’s incumbent manager will cease operations next month.
The plan committed $25 million to the asset class for pacing purposes.
The foundation hired an investment director to focus on private market investments following a search launched earlier this year due to the promotion of the previous director to managing director in 2021.
The university’s new cio is looking to potentially add new hedge funds or other alternative investments to its portfolio.
The institution added a short-duration fixed-credit strategy and structured credit vehicle to its endowment last week as it looks to focus on risk mitigation given volatility in the equity and fixed-income markets.
The firm hired a consultant from another investment consulting firm to lead its investment management research efforts.