Industry News
Firm has announced the final close of the fund at $4 billion.
The firm added multiple members of the Spring Bridge Partners team, including its two founders.
Firm has taken a minority stake in the defensive investment vehicle manager.
The senior asset management officer was with the plan for 21 years.
The new fund will target opportunities alongside sponsors that focus on growing secondary markets and gateway cities.
Larry Johansen has announced his impending retirement after more than 12 years with the plan.
He will focus primarily on the healthcare and utilities sectors.
Old Hill’s asset-based lending business will be incorporated into a new Spouting Rock subsidiary.
The plan welcomes back Terrill Sanchez, who previously spent over two decades with the plan, as its interim executive director.
She will drive the growth strategy for North American investments.