He will identify and pursue opportunities to enhance value and further scale the firm’s portfolio companies.
The fund will focus on the services, technology and consumer sectors.
He will oversee the firm’s European business.
The plan disclosed various recent private markets commitments at its board meeting today.
The search is for pacing purposes and is seeking manager to handle $100 million.
The plan disclosed three private equity commitments and one real assets commitment.
The plan committed $60 million total to two existing managers this month.
The fund will invest in a mix of lower middle market buyout funds and co-investments.
The plan terminated an emerging market debt firm as well as an emerging markets equity relationship within its emerging manager program last month.
Deputy CIO will help oversee asset allocation to private asset classes.