Private Equity
He will focus on the New York-based private equity firm’s investments in the industrials sector.
The promotion entails additional internal management responsibilities.
Plan disclosed $95 million in new private equity and real estate commitments and is searching for a new private markets head.
Follow-on commitment will see fund focus on global diversified buyout partnerships.
Organization intends to invest $200 million in diverse-owned and led private equity firms raising first or second funds.
The plan will interview two private equity managers this week after approving a new asset allocation in May.
Plan will recommend a single firm for hire next month following semifinalist interviews scheduled for this week.
The plan is looking to commit to up to three private equity funds.
The plan approved a private equity commitment with an existing manager and disclosed two private equity co-investments.