People Moves
He assumed the role of asset management co-head on Jan. 1.
He will serve as a member of the firm’s North America services group and is based in Menlo Park, Calif.
A college based in New England has promoted one of its investment staff to the role of cio.
The manager stepped away from his existing funds effective today.
Remaining team members will absorb the portfolio manager’s responsibilities.
The new hire will oversee the firm’s $32.7 billion real estate equity portfolio, which includes core, core-plus, build-to-core, value-add and opportunistic strategies.
The new hires will provide specialist investment solutions across asset classes and geographies to international institutional investors.
The plan has issued an RFP for an executive search firm to recruit its next executive director.
He will retire in June after co-founding the firm in 2004.
The new hire and promotion are in conjunction with the cio’s upcoming retirement.