Industry News
Massachusetts Mutual Life Insurance Company will transition its direct private investments team to Barings.
The firm has taken a minority ownership stake in Altan Asset Management.
He is responsible for business development and capital raising activities across the firm’s global private equity strategies.
Thomas H. Lee, a pioneer of leveraged buyout private equity, died on Feb. 23.
The firm welcomed a former team member as a co-portfolio manager on one of its large-cap growth strategies.
The firm appointed a managing director of fund strategy and development to support its capital raising, investor relations, strategy and product development.
The duo will oversee the firm’s $165 billion private equity business in their newly created roles.
The fund raised $8 billion in investable capital.
The university hired a new cfo earlier this month after its previous finance head left to join a nearby community foundation at the beginning of the year.