Industry News
The fund closed at its hard cap with $616 million in total commitments, surpassing the private equity firm’s original target of $475 million.
The new directors of U.S. intermediary sales will cover the South Central and Northeast regions, respectively.
The new hire will focus on expanding the firm’s institutional investor relationships.
The fund surpassed the firm’s original target of $725 million.
The retirement association will consider appointing a new ceo this week.
The acquisition will strengthen Patria Investments’ local presence and investment capacity in North America.
The hire will lead new business development nationally with a focus on institutions, consultants and outsourced cios.
The foundation named the managing director of a nearby investment office as its next cio to complete a search initiated last year as the previous investment head left to join a family office firm.
Gordon McKemie will lead the development of a dedicated leveraged loans capability within the firm’s fixed-income platform.
The new hire will officially join the firm on April 20.