People Moves
The firm has hired a director for its investment team and an operating partner to support its investment and ecosystem functions after recently closing an AI-dedicated fund.
The associate will assist with accounting, tax and performing processes, reconciliation of accounting and performance data, cash management processes and preparing reports.
Josh Pack, co-ceo and managing partner of Fortress Investment Group, has died.
Niraj Agarwal joined the firm this month to build out its private real assets efforts.
The new hires include a managing director of portfolio operations, v.p. of investments and assistant controller.
The new cio previously served as senior v.p. of fixed-income investments at the firm.
The new hire previously served as senior manager of investments at the $2.5 billion Montgomery County (Md.) Public Schools Pension & Retirement Plan.
The investment board was informed that two of its client funds have adopted a new asset allocation policy at today’s meeting.
The current executive director has worked at the fund for 27 years.