Industry News
The foundation is searching for two investment team members to help oversee its $2.5 billion in assets, including its $1.5 billion endowment.
The hire concludes a search launched after the Jan. 3 departure of CFOO Ryan Skor.
The foundation’s previous investment head left earlier this year for the same role at a Midwestern foundation.
The pension plan will no longer have investments in Chinese-owned or controlled companies as of early next year.
Victory Park Capital is an affiliate of Janus Henderson Group, which will remain majority owner of the alternative investment firm.
The transaction is expected to close in the fourth quarter, subject to regulatory approval.
The rebranding aligns the firm’s growth with its strategies that span industries and geographies.
Sean Sullivan has joined Octagon Credit Investors as managing director and head of private credit.
The firm has named a successor for Wesley LePatner, a real estate executive that was killed at the firm’s New York headquarters in July.