AlpInvest re-hires Costello to run European secondaries

By Staff Report — 4 years ago

AlpInvest Partners, backed by Carlyle Group, has brought back into the fold an executive who left for a few years to work on secondaries with the Canada Pension Plan Investment Board. Neal Costello, a senior principal at CPPIB who joined in 2013, has re-joined AlpInvest as a managing director on its secondaries team. He will […]

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Five Questions with Cheryl Lynette Hines, Director, Emerging Manager Program, Teacher Retirement System of Texas

By Steve Gelsi — 4 years ago

The director of the Teacher Retirement System of Texas’s emerging manager program answers five questions, including what TRS looks for in emerging managers, if the funds it has committed to share any traits, and what the future holds. What are you looking for from emerging managers? The market environment has been getting more challenging. We’ve […]

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New Jersey State Investment Council Chair Grady steps down

By Sam Sutton — 4 years ago

New Jersey State Investment Council chairman Robert Grady stepped down from his role following the council’s Nov. 19 meeting. The former Carlyle Group executive chaired the council during a four year period that featured a surge in the value of its private equity portfolio. The council’s Vice Chairman Tom Byrne will take over for Grady on an […]

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Harvard picks Blyth to helm endowment

By Staff Report — 4 years ago

Harvard University has named an insider, Stephen Blyth, to run its $36.4 billion endowment, the world’s largest. Blyth, who heads public markets at Harvard Management Co, the school’s investment arm, will replace President Jane Mendillo after she retires in December, sister news service Reuters reported. Mendillo has run the endowment for six years, steadily rebuilding […]

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Wanstrath joins Texas Teachers’ from Partners Group

By Chris Witkowsky — 4 years ago

The Teacher Retirement System of Texas has hired Partners Group executive Shelby Wanstrath as an investment manager on the private equity team, system spokeswoman Juliana Fernandez Helton confirmed. Wanstrath started in the role on Aug. 1, Fernandez Helton told sister website peHUB. The job involves sourcing and performing due diligence analysis on potential private equity […]

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Adams Street CEO French to work full-time through at least 2017

By Sam Sutton — 5 years ago

Adams Street Partners Chief Executive Officer T. Bondurant French will remain at the advisory firm in a full-time capacity through at least 2017, when he turns 65, according to a letter distributed to limited partners. The primary purpose of the letter was to notify clients and investors of the departure of Chief Investment Officer Hanneke […]

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Adams Street CIO Smits stepping down

By Sam Sutton — 5 years ago

Adams Street Partners Chief Investment Officer Hanneke Smits has decided to step down, the firm announced in a statement on Tuesday. She will remain in her role through at least the end of 2014, at which point she will take a career break to focus on “a new series of challenges to support a variety […]

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Harvard alternatives chief collects $7.8 mln in 2012

By Chris Witkowsky — 5 years ago

Andy Wiltshire, the head of alternatives at the Harvard Management Company, made about $7.8 million in total compensation in calendar year 2012, according to information provided by Harvard—the largest payout among the group of investment managers at the organization. Wiltshire’s compensation eclipsed that of Jane Mendillo, Harvard Management’s president and chief executive officer, who raked […]

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CalSTRS hires Meketa to advise on allocation targets

By Steve Gelsi — 5 years ago

Meketa Investment Group, the San Diego-based advisory firm founded in 1978, will advise the investment committee of the California State Teachers’ Retirement System on its allocations to private equity and other asset classes as part of a new consulting assignment. ”Our new assignment with CalSTRS will involve us evaluating the private equity asset class in the […]

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Florida SBA hires CalPERS PE officer Bradle

By Chris Witkowsky — 5 years ago

The Florida State Board of Administration has brought in some West Coast muscle to beef up its private equity team. The board hired Wesley Bradle from the California Public Employees’ Retirement System in February as a senior portfolio manager on the private equity team, sister website peHUB reported. Bradle works under John Bradley, who leads […]

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New Jersey’s new investment chief may beef up alternatives team

By Steve Gelsi — 5 years ago

New Jersey Treasurer Andrew Sidamon-Eristoff has named Christopher McDonough as director of the Garden State’s division of investment to lead a team that overseas $87 billion in assets, including private equity investments. “We do hope to expand our alternative investment team in the coming months and private equity will be an area of focus,” McDonough […]

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Canadian Pension Plan names Ed Cass chief investment strategist

By Reuters News — 5 years ago

The Canada Pension Plan Investment Board (CPPIB) named Ed Cass as its new chief investment strategist and a member of its senior management team on Feb 6, giving him responsibility for the overall investment strategy of the massive pension fund. Cass, currently head of global tactical asset allocation in the pension fund’s public market investments […]

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Oregon Treasury creates new head of alternatives role: UPDATED

By Chris Witkowsky — 5 years ago

Oregon State Treasury’s long-time private equity guru, Jay Fewel, announced his intention to retire back in early December, and the industry has been anticipating who would rise to the helm of the state’s large and very mature program, sister news service peHUB reported. The Treasury has now provided the answer, and it’s not as simple […]

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