Industry News
The investment manager added a head of fixed-income trading and a director and portfolio manager of another asset manager as portfolio managers and managing directors on its emerging market debt team.
The investment director for an asset manager recently left to join a southern hospital as a senior investment analyst to help oversee and manage its portfolio.
The partnership matches the firms’ expertise in fixed-income, inflation-sensitive and small-cap equity strategies.
The market managing director previously worked at PNC between November 2010 and December 2012.
The oversubscribed fund surpassed its $875 million target.
Mario Giannini, executive co-chair of private markets firm Hamilton Lane, will retire next year.
She will focus on scaling Adams Street’s venture secondaries capabilities within the firm’s established Secondary Investments Team.
The firm’s president will assume the ceo role in April.
The newly created position will lead institutional fundraising, investor relations and capital markets strategy.
The new head of U.S. distribution has been with the firm for 23 years.
