The minority stake will be acquired through Blackstone’s GP stakes business.
The managing director has joined the firm from Deerpath Capital Management.
Firm has launched White Oak Real Estate Capital, a newly formed affiliate focused on credit opportunities in commercial real estate.
Plan appointed an interim fund administrator following a retirement.
The position will assist the cio in the management of the investment department.
The firm promoted two of its credit investment team members.
The firms mutually agreed to terminate their prior agreement to combine, ending litigation with the U.S. Department of Justice.
The firm will rebrand to Allspring Global Investments and be led by a new ceo.
The new hire will join the firm in October.
The new hire will replace Steve Bolze, who will retire from the position in the fourth quarter.