Blackstone Raises Record $30.4 Billion for Real Estate Fund
The private equity giant has shifted from offices and malls to logistics, rentals and hospitality assets.
Manager Selection
Robert Wood Johnson Foundation Hires May Ng as New CIO
The investing chief at the Annie E. Casey Foundation replaces Brian O’Neil, who retired.
Marcy Rappaport Named Director of Business Development, Consultant Relations at Xponance
Rappaport previously served as the director of marketing and client relationship management at LongTrail Alpha.
KKR Elevates Domestic Private Equity Co-Heads to Global Roles
Peter Stavros and Nate Taylor were promoted to global co-heads of private equity, tasked with enhancing connectivity and supporting KKR’s investment model.
Global Endowment Management Names Stephanie Lynch Managing Partner
Matt Bank and Jay Ripley are named deputy CIO and deputy MP, respectively.
FEG President, CEO Becky Wood to Retire at End of 2023
Alan Lenahan will be promoted to CEO and Bill Goslee to president, effective January 1, 2024.
Patricia Ribeiro Promoted to Co-CIO of Global Growth Equity at American Century Investments
Ribeiro will serve as co-CIO of global growth equity discipline and will share the role until May 31 with Keith Creveling, until he moves into a portfolio management role.
Lazard Promotes Larry Cohen to Global Head of Technology & Operations
Cohen joined the firm in August as a strategic adviser.
CPPIB Names Jon Webster COO
Canadian pension giant also taps Maximilian Biagosch as global head of real assets.
Corebridge Financial Names Prudential’s Longino CIO
The former head of Prudential’s global investment strategy will oversee the AIG spin-off’s investment portfolio.
New York Common Promotes McClearn to Interim Director of Emerging Manager Program
The program’s previous manager, Anyori Hernandez, is moving on to the New America Alliance.
NTAM Names BlackRock Exec as New President
Daniel Gamba replaces Shundrawn Thomas, who left last summer, at Northern Trust’s asset management arm.
Invesco, Russell Investments Name New CEOs
Zach Buchwald arrives at Russell from BlackRock, while Invesco promotes Andrew Schlossberg from managing director role.
Ontario Pension Giant OMERS Promotes Ralph Berg to CIO
After the April 1 transition, current CIO Satish Rai will remain as an adviser until he retires in 2024.
Former Goldman Sachs President Schwartz Selected as New Carlyle CEO
Harvey Schwartz takes over at private equity behemoth Carlyle Group on February 15.