The Midwest-based firm has promoted three principals to managing director and two directors to principals, while hiring a new principal to deploy a strategy that aims to partner with management leaders in sectors to identify, acquire and build market-leading companies.
The firm closed its inaugural special situations fund with over $85 million in commitments from new and existing institutional investors after beginning fundraising in late 2021.
The firm added a senior advisor to assist its full-time team with relationships, resources and industry knowledge to help optimize results for its portfolio investments.
The university is an anchor investor in a Black-owned venture capital firm’s first strategy that closed last month with more than $60 million in commitments.
The New York-based firm hired its first-ever director of sustainability to provide customized sustainability services to support the advancement of commercial real estate sustainability and decarbonization.
The asset manager has hired a head of technology and operations as it promoted its previous head to cio of retirement, marketing and digital client technology.