People Moves
The foundation recently added the founder and ceo of an investment manager and the top academic officer of a state university to its board of trustees.
The upcoming retirement was disclosed at a pension board meeting today.
The firm’s current ceo and co-founder will remain as executive chair of the board.
KKR has agreed to a minority economic stake and will invest in Catalio’s funds.
The university hired a senior investment analyst to help oversee and manage its $2.3 billion endowment.
The college is searching for a managing director for marketable investments after seeking a managing director for private equity earlier this year and hiring a director from a nearby institution.
The plan’s former executive director resigned from the position earlier this year.
The foundation hired its next v.p. for investments and cio from a nearby registered investment advisor, where they oversaw the firm’s $11 billion investment program.
The retirement plan’s first cio appears to have departed after joining in June.