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CVC is acquiring a majority stake in infrastructure manager DIF Capital Partners.
Bregal Investments has appointed Delaney Brown as head of capital solutions.
Allison Shaw joins the firm as a managing director and global head of consultant relations.
The plan liquidated a global equity mandate and made $1.5 billion in total commitments in July.
Firm’s new v.p. and consultant joins from another investment consulting firm.
The search is to potentially replace an incumbent manager due to performance concerns.
The plan is required to go out to bid every seven years.
The Rhode Island plan is working to fill the position in the interim.
The searches follow establishment of new sub-asset class targets of 11% to broad fixed-income and 3% to high-yield within its overall fixed-income target earlier this year.