Private Equity
The fund will focus on growth equity and growth buyout investments in technology-enabled services and software companies.
He is responsible for deal sourcing, due diligence for potential investments and developing new relationships with founders and management teams.
The new hires will join the private equity firm’s investment team.
The plan terminated a $475 million emerging markets value equity mandate in May and approved private markets commitments totaling $170 million in June.
The plan is seeking international developed markets large-cap value managers due to the upcoming contract expirations of its incumbents.
The plan added commitments to a credit fund and a private equity fund this summer.
The commitments to private equity and private debt total $146 million.
He works with entrepreneurs and leaders across the portfolio to leverage technology through product-driven initiatives.
The plan terminated a $1.4 billion domestic large-cap value equity mandate and made commitments with four existing managers and one new manager in August.
The plan committed a total of $15 million to two private equity managers this summer.