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The firm has successfully closed its latest flagship private equity strategy.
Peter Madsen, who has served as director and cio of the Utah School & Institutional Trust Funds Office for almost nine years – helping oversee and manage its approximately $3 billion permanent school fund, took the time to answer five questions, plus a few extra, with FIN|News.
His last day at the firm will coincide with his four-year anniversary in the position.
The plan is considering adding core and core-plus fixed-income managers to its portfolio.
The state is seeking a firm to help create a special purpose vehicle for in-state investments.
He will be responsible for institutional distribution strategies, business development, marketing and client service for the firm.
The new global head of fixed-income will join the firm in August.
Andrew Golden steps down from Princo after building a $34.1 billion endowment. How should that money be invested and spent going forward?
The selected firm will also be expected to provide investment services related to record keeping and administration.