Industry News
The position reports to Deputy CIO of Private Markets Allen Waldrop and CIO Marcus Frampton.
The fund closes oversubscribed with approximately $500 million in committed capital.
The new hire will work alongside Co-Head of Global High-Yield Sunita Kara.
The new deputy executive director has been with the plan for more than five years.
The institution will conduct a search for a cio to oversee its more than $3 billion in assets as its current investment head will retire after more than 14 years of service.
The global alternatives firm has named a senior-level staff member to serve in the newly created role of president, with another staffer to fill his former position.
The woman- and minority-owned office has appointed a partner for research and partner for investments and partnerships as part of the expansion of its investment team.
A global alternatives investment group focused on private equity and other private capital strategies sold the majority of its stake in a global private equity manager, which consisted of the group’s entire management fee earnings and future performance related earnings.
The university is seeking a director to focus on its healthcare investment activities and an investment analyst to help conduct due diligence on new and existing investment managers across public and private equity and credit.
Performance of the largest endowments generally trailed that of their smaller counterparts for the second year in a row due to a lack of exposure to the U.S. equity markets and large technology companies, according to new research from an investment consultant.