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He will be responsible for overseeing the firm’s growing fundraising activities and assisting in new product development.
The new appointee will retain existing duties as head of portfolio operations and coo of Investcorp’s European private equity business.
The plan made commitments to two new relationships at today’s board meeting.
The plan eliminated a nearly $300 million frontier markets equity portfolio and made commitments of more than $2.1 billion in the fourth quarter.
A West Coast agency has issued an investment manager RFP for its three separate accounts.
He replaces a managing general partner who is assuming the role of chairman.
The fund is seeking firms to handle a portfolio of private placement corporate bonds as well as securitized credit investments.
City is seeking a firm to provide advisory services on roughly $70 million in operating and capital projects funds.
He will review and enhance new business processes, initially focusing on the firm’s $45 billion outsourced cio business before expanding to support its full sales process.
The plan begins its general investment consultant search due to the expiring contract of its incumbent.
