Daily Feed
Hires stem from a newly adopted asset allocation.
The $5.2 billion transaction is expected to close by the end of the year or early next year.
He focuses on growing Lakemore’s investment platform globally from its recently established U.S. office in Scottsdale, Ariz.
The plan rehired its incumbent following a search launched in March.
The new hires include two associates, a controller and a fund accountant.
A pension fund in the South concluded its consultant-led search.
The plan will issue its general investment consultant RFP next year after initially expecting to conduct the search this year.
He will lead a newly formed team to combine H.I.G.’s existing technology sector capabilities across multiple investing funds.
Plan has issued an RFP for international equity managers after approving the search last week.
The plan rehired its incumbent in two prior searches.
