Industry News
He will help manage the firm’s convertible bond products and develop new products.
The transaction is expected to close by year-end.
The fund has deployed approximately 39% of its commitments across seven platform acquisitions.
The firm has promoted three members of its team to managing partners.
The trust’s new executive director joins from an Oklahoma plan.
The position will report to Director of Private Equity Allen Waldrop.
He joined the plan in 2021 from a pension plan in Virginia.
New survey finds endowments and foundations will lean on private market investments and reduced costs to potentially as new pressures present themselves.
The organization requested data from leading nonprofit hospital corporations in the U.S. on how they utilize Black and other minority or women asset managers to handle their assets, which total nearly $300 billion.