Extensive and timely coverage of the institutional industry.
He will oversee the New York-based firm’s U.S. investment activities, including sourcing, underwriting and execution of transactions.
17Capital will continue to operate as an independent business following the transaction.
The plan is seeking North America-focused funds.
He will lead portfolio management for the firm’s retail municipal bond separately managed account strategies.
The firm expects to announce a successor “in due course.”
The plan has set a date for when it will launch its investment consulting services search.
The strategy deepens Ardian’s expertise and presence in European real estate.
The push to divest U.S. institutional assets from Russian holdings has gained widespread adoption across the country – how to divest is the next hurdle investors face.
The hire follows the retirement of a long-time investment team member.
The plan expects to issue an RFP for the services this month.