The acquisition will expand iM Global Partner’s presence in the U.S.
The plan, which lost previous CIO Seth Kelly in June, appointed a permanent replacement at today’s meeting.
The new hire will help expand the firm’s private markets capabilities.
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.