Palmira Capital Partners has appointed a head of sustainability to lead its ESG team and ensure that ESG criteria are observed in investment decisions, in asset management and in the corporate environment.
The search is for active and passive international equity managers.
The pair will help lead the private equity firm’s investing efforts across its focus industries.
The plan is conducting a search for its $6 billion core fixed-income portfolio.
He will help the New York-based private equity firm diversify its portfolio and expand its investment capabilities.
He begins in September, and will co-manage a global focus strategy.
The plans expect to issue their investment advisor RFP later this month.
The plan terminated the firm after placing it on watch for underperformance last year.
The plan’s incumbent consultant was first hired 11 years ago.
The new hire will build and enhance executive leadership teams and boards for Blackstone’s portfolio companies.