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His departure is part of a larger review and restructuring of the firm’s product range.
He will join the private placement debt team focusing on asset-backed securities and structured transactions.
He will focus on growing and enhancing the team’s relationships with institutional investors.
The plan added follow-on real estate and real assets commitments at today’s board meeting.
The plan is seeking small, local managers to receive an initial investment of up to $5 million.
The university approved private credit, real estate and private equity buyout commitments with new managers in the second quarter.
The policy will allow staff to take advantage of time-sensitive investment opportunities.
The plan made commitments with two existing managers’ latest funds.
A Northeastern state county is seeking consulting services on behalf of its deferred compensation plans.
The plan will interview two private equity managers and an infrastructure manager at its November board meeting.