The managing director of public markets and absolute return is retiring after more than 23 years at the institution.
The organization hired its inaugural v.p. and cio late last month from a nearby higher education institution.
Head will oversee the firm’s global equity, emerging markets, Chinese equity and Asia-Pacific equity teams.
The plan hired its first investment head to oversee its more than $4 billion in assets from a nearby university.
The new managing director will lead business development for the firm’s strategic growth fund.
The investment analyst will receive input and direction from the plan’s investment officers.
He was previously president of U.S. banks at Morgan Stanley.
He will lead the firm’s new secondaries strategy and investing across the secondaries landscape.
The managing director is responsible for business development and capital raising across H.I.G.’s global private equity platform.
Deputy CIO will help oversee asset allocation to private asset classes.