Industry News
The fund will provide buyout and growth capital to firms in the business and tech-enabled services, industrial growth and healthcare sectors.
He joins the plan from the Public Sector Pension Investment Board.
Executive director was accused of “egregious misconduct” in approving a salary increase for the deputy executive director and then requesting a raise for himself.
The fund invests in a range of private special-situation opportunities.
He will focus on sourcing new investment opportunities and supporting the growth of portfolio companies.
KKR and Mubadala will co-invest across performing private credit opportunities in the Asia Pacific region.
He has co-managed the firm’s small-cap value fund since 2019.
The transaction received shareholder approval on Aug. 3.
They will build out Advent’s consumer technology practice.
He joins the wealth management firm from Russell Investments.