Industry News
The individual joined the university from a nearby investment consulting firm.
The new hire will develop and deepen relationships with institutional investors and consultants across the region while also overseeing strategic relationships across the U.S.
The investment officer spent the past eight years with the Illinois Municipal Retirement Fund.
The plan is looking to expand the team managing its absolute return hedge fund portfolio.
The plan also approved $320 million in alternatives investments at this week’s meetings.
The foundation has hired Mount Holyoke’s director of investments as its next investment head as its cio is stepping away after nearly two decades of service.
The retirement system has already begun a search for his successor.
Fund IV closes with $865 million in commitments, the largest in the firm’s history.
The acquisition agreement will generate a combined diversified global asset manager overseeing approximately $571 billion in assets.
The principal of strategic investments will evaluate prospective venture investments or partnerships with emerging technology firms, provide investment analysis and help with structuring deals.