They are responsible for deal origination and execution.
City is searching for a firm to provide non-discretionary management of its investment pool portfolio.
The firm’s ownership has passed to its operating board of directors.
The firm hired another co-lead for the infrastructure strategy in February.
The current cfo will transition to a new role as vice chairman.
The previous ceo is transitioning into a new role as non-executive chairman.
The leadership changes include a newly appointed president.
He will oversee expansion into corporate buyouts in the technology sector.
Firm also hired a senior v.p. of institutions.
Co-investment brings benefits to both GPs and LPs, but unless tensions are resolved, there is a real risk that it could be regulated out of the market.