Industry News
The firm announced its acquisition of the private equity secondaries manager earlier this year.
The plan has launched a senior investment officer search for its emerging manager program and will divest from thermal coal and oil sands companies.
The role was recently vacated by Mike DiRe following his promotion to senior investment director of private markets.
The plan is seeking to fill a position left vacant by Mike Barnhill, who joined the $76.7 billion Alaska Permanent Fund Corporation as coo last month.
UTIMCO President and CEO William ‘Britt’ Harris will step down from the role at the end of the second quarter after six years of service and CIO Rich Hall will take over the role.
The firm promoted Greg DeForrest to executive v.p. and head of fund sponsor consulting.
The firm raised $5.3 billion in new capital commitments across two funds.
The fund invests in the consumer, healthcare and technology sectors.
He will oversee LongRange Capital’s deal origination and sourcing activities.
The venture capital space is taking steps to ensure more progress is being made toward backing women-owned and led funds and Women’s History Month is highlighting some of the efforts being made to increase the representation and role of women in the space – but there is still a long way to go.