Industry News
Plan hired an Illinois-based firm to provide third-party administration services.
Elizabeth Miller will retire next month after serving in the role for over a decade.
They assumed the newly created roles on June 13 and April 11, respectively.
The new hires previously worked at Lazard and Stone Point Capital, respectively.
The firm, which allocates private debt capital to microfinance and small and medium-sized finance institutions, has promoted its coo to ceo to handle day-to-day management.
The new hires include a portfolio manager and a solutions strategist.
The fund is focused on investments at the Series B and C stages.
He will assume the role of CEO once the current CEO retires on June 30.
The plan has launched the searches ahead of Bob Maynard’s upcoming retirement in September.