One will will lead the firm’s efforts to develop and nurture key relationships with intermediary, independent sponsor and executive audiences and the other will source investment opportunities, develop investment themes and execute transactions.
The division will manage $500 million in assets initially.
The plan concludes a private equity search initiated because it was under target.
A university in the Midwest will consider a second investment within its accelerator fund at this week’s board meeting.
A fund in the South approved a commitment to a private equity infrastructure fund at its board meeting last month.
A Northeastern church pension plan added private equity, real estate and high-yield fixed-income investments during its June board meeting.
The pair will help lead the private equity firm’s investing efforts across its focus industries.
The plan is conducting a search for its $6 billion core fixed-income portfolio.
He will help the New York-based private equity firm diversify its portfolio and expand its investment capabilities.
The plan terminated the firm after placing it on watch for underperformance last year.