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The fund provides access to private equity managers and investors in Europe and Asia.
The investment follows Post Road’s closing of its second Special Opportunity Fund.
The new liquid multi-sector manager will handle a roughly $375 million mandate for the plan.
Historically black colleges and universities, typically limited by the size of their assets, are looking to gain further access to alternative assets, particularly private equity and venture capital, as they seek to grow their endowments to further their mission as well as capture outsized returns that have swelled higher education institutions’ portfolios, according to investors and allocators.
Plan promoted from within to fill a position that has been vacant since 2019.
Nearly a week after Russia launched a military invasion of Ukraine, institutional investors continue to discuss divestment and act on their Russian-related assets and assess options as the country intensifies its attacks.
She joins the frim’s dedicated life-science investment affiliate H.I.G. BioHealth Partners.
He will work closely with Radial’s principals to identify and assess new investment opportunities.