Industry News
The firm has successfully closed its latest flagship private equity strategy.
Peter Madsen, who has served as director and cio of the Utah School & Institutional Trust Funds Office for almost nine years – helping oversee and manage its approximately $3 billion permanent school fund, took the time to answer five questions, plus a few extra, with FIN|News.
His last day at the firm will coincide with his four-year anniversary in the position.
He will be responsible for institutional distribution strategies, business development, marketing and client service for the firm.
The new global head of fixed-income will join the firm in August.
Jean Hsu will retire in July after 25 years at the plan.
The firm has announced a dedicated strategy and team to lead continuation vehicle transactions.
He will be responsible for leading the firm’s institutional fundraising efforts.
The firm has promoted a staff member to senior managing director to provide education, training, investment management, performance reporting and custody services to foundation and endowment clients in the Western region.
The university has named a current trustee and former board chairman as an emeriti trustee and elected seven new board members during its May 11 board of trustees meeting.