Industry News
The firm’s latest fund closed exceeded its target and doubled its predecessor.
She will help enhance and implement best practices to engage with the firm’s growing investor base.
The firm recently added a managing director to its investment team.
Fund III closes with $230 million, exceeding its $200 million Fund II.
The retirement systems also eliminated global low volatility and TIPS allocations earlier this year.
Shelly Heier, president of investment consultant Verus, will depart the firm effective Sept. 30.
He will focus on the infrastructure, utility, power, energy and related sectors across the capital structure.
The firm raised more than $3.3 billion for its latest opportunistic real estate strategy.
The new hire will focus on deepening and expanding the firm’s relationships with existing and prospective institutional investors and consultants.
The firm appointed three new senior v.p.s to its U.S. institutional team.