The lower middle market and small buyout space possesses more attractive qualities relative to the private equity sector’s large buyout space, according to one firm.
Lamar Taylor will take over as interim executive director and cio following the retirement of Ash Williams at the end of September.
The new hires include a managing director and two associates.
The fund will invest primarily in businesses based in North America, and selectively in Europe and Australia.
The new chief compliance officer will provide in-house compliance program services she previously provided externally, the firm said.
One will advise on the firm’s Flagship Fund, while another will integrate ESG practices and the third will oversee the Foundation Fund.
The transaction is expected to close in early 2022.
They will support scaling of the private equity firm’s investment activities.
He will be responsible for investment execution, analysis, due diligence and portfolio management.
A consultant serving on multiple public pension plans will be departing the firm.