People Moves
The firm hired two teams from LGM and opened an office in Hong Kong to enhance its capabilities in emerging markets and China.
The health system hired its first investment head to oversee approximately $9 billion in assets across its operating, defined benefit pension and health insurance pools.
The firm added a managing director in Chicago for its real estate team.
The new manager began last month and will officially assume the role at the end of March.
The plan’s former executive director has retired.
He will develop and execute the firm’s sales and marketing plan for clients and assets.
He is responsible for business development and capital raising activities across the firm’s global private equity strategies.
Thomas H. Lee, a pioneer of leveraged buyout private equity, died on Feb. 23.
The firm welcomed a former team member as a co-portfolio manager on one of its large-cap growth strategies.
The firm appointed a managing director of fund strategy and development to support its capital raising, investor relations, strategy and product development.