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The foundation hired a new v.p. for finance to help oversee its endowment in the second quarter after its finance head left at the end of 2021 to pursue a new opportunity on the East coast.
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The CEO succession comes as the firm intends to conduct a comprehensive strategic review.
The firm’s new managing director joins from Epoch Investment Partners.
They will help source new transactions, perform due diligence and support portfolio company management teams.
He will implement investment strategy and oversee portfolio construction and trading.
He was most recently chairman and ceo at global contract research organization PRA Health Sciences.
He will be responsible for helping lead capital markets activities across all aspects of the investment and portfolio management processes.
They join the firm from Highmark Capital Management and Guggenheim Investments, respectively.
The plan has found its next cio in a former managing investment director at the California Public Employees’ Retirement System.