Industry News
TJC has closed its second continuation fund at $2.1 billion.
He leaves a role he assumed in 2022 after previously retiring from the California Public Employees’ Retirement System in 2020.
The firm’s newest partners join from New Mountain Capital and Marlin Equity Partners.
His fellow co-cio will retire next year after being with the firm since 2005.
The hire is in line with Callan’s efforts to increase its alternatives research resources in recent years.
The firm’s newest hire joins after approximately 30 years at Aon Investments USA.
Lorenzo Newsome Jr. has developed a lot of skills that he believes will help him excel in his first role on the allocator side of the table.
The fund received $4.8 billion in aggregate capital commitments, more than doubling the size of its predecessor fund.
The pension plan’s cio and acting executive director have both resigned following the dismissal of the executive director earlier this week.