He will join the firm’s strategic opportunities platform in March.
The transaction is expected to close by year-end.
A Northwestern fund decided to conduct an executive director search after terminating its ceo.
The plan will commit $2 billion to the fund as part of its sustainable investment and climate solutions program.
The plan appointed a longtime employee to temporarily take the helm.
He will assume responsibility for the asset management division within the partnership, the firm said.
One will head the firm’s hedge fund solutions business and the other will oversee special situations.
The new investment officer will focus on credit.
He will work with the technology team to evaluate new investment ideas as well as advise current portfolio companies.
The director will lead and monitor the co-investment team.