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.
He will cover the business and industrial services sectors.