Industry News
The foundation has named its next president and ceo to begin at the end of the month following a search launched in late 2022 as the former head was set to retire in March.
The buyout strategies exceeded their respective targets and will invest across middle and lower middle markets in North America.
The newly promoted portfolio manager has worked at the firm since 2020 on both its small-cap and large-cap teams.
The co-managing partner will lead the newly renamed private equity firm’s strategic growth efforts alongside Founder Nick Jean-Baptiste.
The investment from Blue Owl will support Stonepeak’s strategic initiatives as part of the ongoing growth of its global platform.
The firm closed the third vintage of its closed-end asset-based lending fund, which was oversubscribed at $1.7 billion in commitments.
The foundation hired a v.p. of investment operations from a Western health system following a search for the newly created role earlier this year.
The managing director recently left the institution to join a global, multi-asset endowment-style fund that was formed by a former colleague as a partner.
The system hired a director of investments for public equities from a southern defined benefit plan, where they served in a similar role, following a search from earlier this year.
The managing director overseeing impact investment funds left the foundation in June to launch their own firm that aims to design, build and implement impact investment programs at philanthropic groups.