The wealth management subsidiary is targeting nonprofits with a focus on the $10 million to $100 million segment of the marketplace.
The venture capital fund surpassed its $200 million target.
The firm announced today that it has named Chase Bolding as head of North America.
The software-focused investor has appointed a new head of the firm’s private credit platform.
The taxable bond portfolio manager has been with the firm since 2005.
The hire concludes a search launched by the North Dakota State Retirement and Investment Office in April.
Diversis Capital has closed its third fund with over $1.2 billion in total commitments.
He will leave the plan next month after first joining in the role in 2022.
Steve Klar, president, managing partner and head of the client platform at Wellington Management Company, will retire in June.
The plan recently added a portfolio manager to its team.