Industry News
The firm announced the final close of its inaugural fund at its hard cap of $1.5 billion.
The firm has hired a director of research to lead its development of in-depth research in technology in support of the firm’s sourcing of opportunities in secondary markets for investors.
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.