The new hire will help build the firm’s private equity, and private credit discretionary and advisory businesses.
A Midwestern university foundation added a maiden allocation in the fourth quarter.
Plan added public markets and private equity investments at last month’s board meeting.
The new managing director will oversee Elion’s strategic business development initiatives and lead capital formation across its investment vehicles, the firm said.
The plan made commitments to two new relationships at today’s board meeting.
The plan eliminated a nearly $300 million frontier markets equity portfolio and made commitments of more than $2.1 billion in the fourth quarter.
He replaces a managing general partner who is assuming the role of chairman.
A Texas pension plan added a follow-on private equity commitment at this week’s board meeting.
The private equity firm has also promoted two senior associates and an assistant controller.
He will oversee the private equity real estate investment firm’s acquisitions team and lead all acquisition, disposition, and leasing decisions.