A Northwestern fund decided to conduct an executive director search after terminating its ceo.
The plan appointed a longtime employee to temporarily take the helm.
He will assume responsibility for the asset management division within the partnership, the firm said.
One will head the firm’s hedge fund solutions business and the other will oversee special situations.
The new investment officer will focus on credit.
He will work with the technology team to evaluate new investment ideas as well as advise current portfolio companies.
The director will lead and monitor the co-investment team.
The promotions take effect on Jan. 1.
A management company in the South has promoted its deputy cio to cio with its ceo and cio transitioning to the role of president and ceo.
New chair will succeed Robert Litterman, who served as chairman for seven years.