People Moves
Josh Pack, co-ceo and managing partner of Fortress Investment Group, has died.
Niraj Agarwal joined the firm this month to build out its private real assets efforts.
The new hires include a managing director of portfolio operations, v.p. of investments and assistant controller.
The new cio previously served as senior v.p. of fixed-income investments at the firm.
The new hire previously served as senior manager of investments at the $2.5 billion Montgomery County (Md.) Public Schools Pension & Retirement Plan.
The investment board was informed that two of its client funds have adopted a new asset allocation policy at today’s meeting.
The current executive director has worked at the fund for 27 years.
The senior portfolio manager had been with the pension plan since 2021.
Jay Wiltshire joins the firm in the role amid a broader leadership transition.