The transaction is expected to close in March.
He will focus on acquisitions, capital formation and portfolio strategy.
The decision follows the plan’s review of 42 publicly traded shale oil and gas companies.
The new hire replaces Grant Hughes, who resigned last year.
A senior managing director will be promoted to cfo following his departure.
He will work with medical and life science portfolio company leadership teams.
She previously served as a senior managing director in the office of the ceo.
New hire focuses on outreach to current and prospective client relationships with nonprofits.
Hire will help the firm deliver investment strategies to institutional investors nationally.
Study finds 80% of institutional investors expect to increase their demand for private equity and expand their mandates in the coming year.