She will determine and execute the firm’s marketing goals and strategy.
A foundation in the West has hired a managing director to assist in the oversight and management of its investment portfolio with a focus on private equity.
The commitments were made in closed session at a special board meeting this week.
They join the private investment firm from BlackRock and Warburg Pincus.
The plan will invest in a newly formed local and minority-owned asset manager.
The plan hopes to use proceeds to invest in other opportunities.
The firm also announced four promotions.
The plan has launched a general investment consultant search previously delayed due to COVID.
The plan recently made a venture capital and a value-add real estate commitment.
Plans approved alternatives commitments totaling $23 million this week.