Industry News
The oversubscribed fund surpassed its $875 million target.
Mario Giannini, executive co-chair of private markets firm Hamilton Lane, will retire next year.
She will focus on scaling Adams Street’s venture secondaries capabilities within the firm’s established Secondary Investments Team.
The firm’s president will assume the ceo role in April.
The newly created position will lead institutional fundraising, investor relations and capital markets strategy.
The new head of U.S. distribution has been with the firm for 23 years.
The investment officer will assist Executive Director and CIO Jon Salstrom in managing the retirement system’s portfolio.
The foundation’s current finance head is set to retire at the end of the year after a decade of service.
The retirement system’s deputy director has been handling the role since last quarter.
The firm has hired an investment director focused on venture capital and growth equity for its investment research team.
