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The retirement system made two private equity commitments with existing manager relationships earlier this month.
The alternatives platform will acquire a minority stake in the private credit firm launched by former
Northern Trust Asset Management President Shundrawn Thomas.
The venture fund focuses on later-stage growth investments in top performing companies across technology, healthcare and climate tech.
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.