The firm has added a private equity veteran to its roster.
The plan disclosed $668 million in total commitments with one new manager and twelve existing managers in the fiscal second quarter.
He joined the firm’s board of directors last week after retiring from the Minnesota State Board of Investment in 2022.
Bernhardt has served as the Portland, Ore.-based college’s first-ever cio since 2019. He took the time to answer 5 questions with FIN News.
The institution is looking to build out its investment team with a managing director for public investments and a managing director for private investments.
He oversees sales efforts for the intermediary channel in the Northeast territory.
The new v.p. will be responsible for institutional business development efforts in the Eastern U.S.
A senior consultant for NEPC has departed the firm after first joining in 2009.
The new president of Northern Trust Asset Management joins after a 22-year tenure at BlackRock.
He has been an investor in and senior advisor to the firm for the past six years.