People Moves
The current president and ceo announced his intention to retire in January.
The new finance head will extend the firm’s budgeting, planning and reporting capabilities and evaluate growth opportunities.
The fund added an investment analyst to help oversee its portfolio last month and promoted another investment analyst to senior investment analyst in June.
He will be responsible for research, analysis and development of new strategy and product ideas.
The firm has also hired a new partner from Sixth Street Partners to lead the platform.
She will be responsible for general oversight and day-to-day management of all global non-investment operations.
The plan increased its total private markets target as the portfolio is currently overweight to private equity and private real assets and recently placed an MSCI EAFE Index fund manager on watch due to underperformance.
The new global investor relations head assumed the role on an interim basis last month.
The plan disclosed two recent commitments totaling $900 million and named a replacement for CFO Barry Faison, who will officially retire on Dec. 31.
He will also retain existing responsibilities as CEO of the firm’s Americas business.
