He replaces a managing general partner who is assuming the role of chairman.
A Texas pension plan added a follow-on private equity commitment at this week’s board meeting.
The private equity firm has also promoted two senior associates and an assistant controller.
He will oversee the private equity real estate investment firm’s acquisitions team and lead all acquisition, disposition, and leasing decisions.
Diversified and actively managed portfolios will be the best way for nonprofits to meet their spending needs in a continually challenging market environment over the next several years, according to a recent survey.
A university in New England will review its asset allocation at a spring meeting, where its outsourced cio may adjust targets.
Plan intends to launch a search for emerging markets and international small-cap equity managers to handle allocations of up to 8% each.
The $1.8 billion deal is expected to close in the second quarter.
The plan will hear from two private markets firms at its meeting next month after approving the pacing plan today.
The plan voted to terminate a REIT manager last week due to deteriorating performance and personnel concerns.