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Plan will launch its RFPs for both private equity and private debt managers in the coming days.
The commitments satisfy the plan’s 2021 and 2022 private credit pacing schedules.
The plan has begun a search for its next executive director following the departure of its previous director last year.
The plan has issued its investment advisory and consulting RFP due to the incumbent’s upcoming contract expiration.
The new firm will be focused on middle market software and fintech businesses.
He will help manage $6.5 billion in domestic and international equity funds and separate client accounts.
He will serve M.D. Sass accounts nationally with a focus on Midwestern markets.
The Co-CIOs will be jointly responsible for the overall strategy and positioning of the firm’s global asset allocation products.
Stone Harbor offers credit strategies primarily to global institutional clients, including sovereign wealth investors, pension plans, foundations, endowments and insurance companies.