The founder’s son will assume ownership of the firm.
Seven principals have been promoted to partner.
They will be responsible for sourcing and evaluating potential investment opportunities and providing support to portfolio companies.
He will work to explore new investment opportunities and to help design and execute growth strategies.
Plan’s new executive director will start early this year following a search initiated in September.
The outgoing CEO is considering a run for the U.S. Senate.
The new managing director serves on the asset opportunities team, while the new principals help oversee portfolio companies.
A university based in the Midwest has hired a new executive v.p. for finance and administration to oversee its fiscal and investment management as its previous cfo retired earlier this year.
Man GLG has hired two portfolio managers focused on thematic responsible investment.
A West Coast foundation is searching for an impact investment manager to help grow its program-related investment portfolio.