Annabelle Ju
The advisory firm and placement agent has made two appointments including a 12-year PAI Partners veteran as a senior advisor.
.jpg "California’s fund fee disclosure bill passes into law")
The AB-2833 bill, which imposes more requirements on California-based public pensions to disclose private equity fees, was introduced in February.
A PEI survey of the global private equity community found that US-based investors are largely unaffected by Brexit in their outlook for the asset class in comparison to those in the UK and the rest of the world.
Scott Davis was promoted to CIO from deputy CIO and Bo Ramsey to deputy CIO from director of PE at the Indiana Public Retirement System.
%2080.jpg "CalPERS names interim CEO")
Douglas Hoffner will run the $291bn pension while it searches for a replacement for Ann Stausboll, who retires at the end of the month.
A poll found that about a third of institutions planned to earmark more money for investments in private markets this year.
Anne Stausboll has served CalPERS as CEO since January 2009, a time when the largest US public pension fund was experiencing turmoil from the financial crisis and ethics scandal involving its former officials.
Kohlberg left KKR in 1987 to establish his own firm.