The fund will focus on deploying capital across existing and new platforms with trusted partners that allow for repeatable and scalable investments.
The fund targets companies in the lower middle market.
Appointment follows March resignation of incumbent cio.
The new office will focus on identifying and partnering with management teams of fast-growing software companies.
The transaction is expected to close in the second quarter.
He will oversee the firm’s dedicated aviation finance and treasury teams.
She will be responsible for promoting the firm’s investment products and consulting solutions.
The plan had moved to a fully passive large-cap allocation in 2020 but general investment consultant Meketa Investment Group sees an opportunity for concentrated active managers.
Plan invested with two international equity managers and a direct lending manager yesterday.
Commitment is first of two to non-core real estate funds anticipated this year.