Industry News
The system hired a new treasurer and cio to oversee its cash, debt and investments in the second quarter with the individual beginning in the role in late July.
Firm added an associate consultant and senior analyst in recent months.
The firm raised $397 million to invest in expansion stage healthcare companies.
Andrew Spellar has served as cio of the $4.6 billion Fairfax County (Va.) Employees’ Retirement System since 2015.
The senior investment officer will help administer the systems’ three defined benefit retirement plans.
The plan will work with Precision Pension Administration.
The global quantitative manager added a senior strategic relationship manager to focus on consultant relations and relationship management and a senior manager of product communications and management to works with its distribution and investment teams and market its products.
The executive order, signed earlier this month, will limit or ban private fund managers from investing in certain technologies like computer chips or semiconductors in China.
The college elected two new board of trustees members, including one with investment experience, at its board meeting in the second quarter.
The firm has expanded its private equity team with the appointments of a managing director and director to help originate, structure and manager investments.
