Industry News
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.
The firm has named a co-cio and head of institutional services as its ceo and president, respectively, as its president and ceo is set to retire at the end of the year and become board chair.
The foundation hired a new cfo at the beginning of the year to succeed its previous finance head, who retired after 22 years of service.