The global private markets manager has announced a series of senior leadership changes.
The firm made new hires within its equities team and across geographies.
The plan will interview two firms in September as it looks to replace its current manager due to personnel changes and a decline in AUM.
The deal is expected to close later this year and will see HighVista Strategies gain approximately $4 billion in assets under management.
A recent award recognition and leadership transition at independent investment consultant LCG Associates validates its structure and customized client-first approach.
The current president will transition to chair.
The firm added a v.p. of institutional business development this month.
The plan launched a replacement search at a special board meeting today.
The hire follows a global equity structure review emphasizing alpha generation.
The agency is looking for a consultant to oversee roughly $50 million in non-pension funds.