Daily Feed
The new hire will lead global growth initiatives and expansion of institutional investor relationships.
The pension fund hired a new consultant last month after finalist interviews held in January.
The switch was made after a change in the incumbent firm’s ownership.
The new principal serves on the firm’s healthcare and life sciences team.
The plan will see its overall private markets target increase to 40% from 33%.
He will be responsible for evaluating new transactions, due diligence, underwriting and working with portfolio companies.
Global equity manager GQG Partners is entering the private markets with the launch of GQG Private Capital Solutions.
The new outsourced cio will handle the town’s pension and OPEB trust.
The deferred compensation plan will consider replacing its domestic core-plus fixed-income manager this week due to underperformance.
The city is looking for an advisor for its portfolio of approximately $225 million or more.