Exclusive: Washington University hires TIAA-CREF’s Feder to run private markets

Washington University in St. Louis Investment Management Co. has hired veteran private equity executive Daniel Feder to run its private markets program, the endowment confirmed for peHUB.

WUIMC’s private markets program was formerly run by Craig Nickels, who ran the portfolio until he departed last year to take on a role at the Abu Dhabi Investment Authority.

Feder’s title will be managing director, private markets, and his start date is Dec. 2, according to a WUIMC spokeswoman.

Feder already lists himself as a WUIMC managing director on his LinkedIn profile. Most recently, Feder was a senior investment manager Teachers Insurance and Annuity Association – College Retirement Equities Fund (TIAA-CREF) from January 2011 to this month, according to LinkedIn. Specifically, Feder was senior investment manager for Private Equity and Venture Capital at Covariance Capital Management, an independent subsidiary of TIAA-CREF that provides outsourced investment management services, according to a biography he shared with Thomson Reuters.

LinkedIn reports Feder’s previous posts as follows:

  • Managing director and advisor, Sequoia Capital Heritage Fund (2008-2011).
  • Managing director, Princeton University Investment Co. (2000-2008).
  • Portfolio manager, California Public Employees’ Retirement System (1999-2000)

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