The new hire will lead the firm’s defined contribution distribution team.
Fundraising surpassed the firm’s goal in 10 months with over $500 million in total commitments.
The firm welcomed back a former team member to co-lead its emerging market debt team.
The role is newly created.
Mark Kiesel has served as the firm’s cio of global credit since 2014.
Cohen & Steers has promoted Daniel Noonan to head of global distribution.
The world’s 500 largest asset managers have reached a record $140 trillion in total assets under management, which new research finds is driven by North America and a shift to passive investments.
The firm’s current global cio will retire on Jan. 31.
The retirement system bolstered its private equity team with a senior investment analyst.
The firm’s third dislocation fund surpassed its initial hard cap of $4.25 billion.