Industry News
The firm added a managing director in Chicago for its real estate team.
Firm closed the inaugural fund with over $1.2 billion in capital commitments.
He will develop and execute the firm’s sales and marketing plan for clients and assets.
Global alternatives investment manager Ares Management will acquire a minority stake in institutional scientific fixed-income manager BlueCove Limited.
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.