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The search follows the addition of a maiden 3%, or $350 million, target to the asset class in March.
The managing director will head up the firm’s business development and investor relations efforts.
The plan is searching for infrastructure managers after creating a maiden target to the asset class last year.
The managing director works with nonprofit, religious, public and corporate clients and has been with the firm for over 25 years.
The university will consider adding long/short credit and venture capital commitments with new investment managers at its board meeting this week.
CIO Karl Scheer oversees the University of Cincinnati’s investment team managing the institution’s approximately $2 billion in combined endowment and other investment assets. Scheer took the time to answer 5 questions with FIN News.
The foundation has elected two new members to its board of trustee with venture capital experience.
The treasurer’s office hired a firm to handle the inaugural investment within its infrastructure impact investment program after hiring an investment advisor to oversee the program earlier this year.
A former Blackstone director has joined the firm and is focused on portfolio management.
The acquisition adds $210 million in assets across nonprofit endowment and other clients to the firm, while expanding its presence in Northeast Wisconsin.