The new appointment went into effect yesterday.
Kinterra Critical Materials & Infrastructure Opportunities Fund II closed at its hard cap of $950 million.
The university has hired its next investment head following a search for the role from last year after its cio left to join a mid-Atlantic institution on the same role.
The retirement system promoted a long-time investment staffer to the role.
The oversubscribed fund closed after four months in the market.
The retirement system added a senior investment analyst to help oversee its $30 billion public equity portfolio.
The health system named its next investment head from a Midwestern college following a search for the role from 2025.
The oversubscribed fund raised over $1 billion of investment capital from a range of global institutional investors.
The retirement system is looking to expand its investment staff through the additions of a private equity director and investment analyst.
The deal “will create one of the largest active global asset management firms.”