The close of the fund marks the largest fundraise ever for the private markets firm.
The firm bolstered its fixed-income business with a hire that most recently served at Northern Trust Asset Management.
The new hire will focus on selling the firm’s suite of solutions to institutional investors.
The deal marks the first outside investment in Fisher Investments.
Sohel Hussain took the reins as v.p. of investments and finance at the Meyer Memorial Trust in October 2023. He took the time to answer five questions with FIN News.
The departure was “surprising and abrupt” and a replacement has not yet been identified.
The plan launched a search for the role in March.
The investment consulting firm disclosed the public markets manager research team’s areas of focus for the coming months.
The pension plan has selected one firm to provide hedge fund, credit and real assets consulting services.
He succeeds Jose Minaya, who has served in the role since 2020.