Private Equity

He will support the private equity firm’s efforts in sourcing and evaluating new investment opportunities.

Investors’ 2020 search activity remained on par with previous years despite the COVID-19 pandemic and there continues to be increased activity for private investment strategies, according to a recent webinar from an investment consultant.

He will focus on business development and fundraising for the firm’s private equity products.

The new hires began on April 1 and April 19.

The search is being conducted because the plan is underallocated to the asset class.

The plan concluded its high-yield fixed-income manager search and disclosed up to $555 million in private equity commitments at its board of investments meeting this week.