He will oversee the New York-based firm’s U.S. investment activities, including sourcing, underwriting and execution of transactions.
17Capital will continue to operate as an independent business following the transaction.
The plan is searching for its first ever non-discretionary private markets consultant.
She will focus on origination and deal execution.
The commitments were made for pacing purposes.
Plans added roughly $43.5 million in commitments across five funds this week.
The plan approved up to $400 million to existing private equity managers at today’s meeting.
The plan disclosed three new private commitments at its board meeting today.
He leads a team of 22 secondaries professionals.
The fund provides access to private equity managers and investors in Europe and Asia.