Industry News
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.
The plan is looking to add an investment analyst to its team.
The retirement system added a senior investment officer of diversifying strategies.
Blue Owl Capital has hired Greg Porteous as managing director and head of defined contribution retirement solutions.
The plan removed the interim tag for Bryan Moore, previously the deputy cio.
The new partner joins from middle market private equity firm SER Capital Partners.
The manager added a venture partner to help source and support fintech and infrastructure investments as well as deepen relationships across founders, corporates and investors.
The firm has entered into an agreement to acquire 100% of a venture platform that invests across all stages of the venture capital lifecycle in a deal that is expected to close in the first quarter of 2026.
Private markets funds are set for 70% growth by the year 2030 with private equity expected to be a key driver of that expansion, according to a recent analysis.
