Marine Cole
The firm, which manages investments of non-profit organisations, hired Chris Anderson earlier in the summer to focus on secondaries and recently appointed Chris Willoughby as new CIO starting next week.
The London-based secondaries firm appointed Clifford Meijer, who comes from Thomas Weisel Partners Group.
The fund and Neuberger Berman will continue to have joint discretion on co-investments and secondaries investments for another 3 years starting in August 2016.
This is the 12th office for the Paris-based firm, which is building a local team to focus on fund of funds relationships, and direct, infrastructure and private debt investments.
The San Francisco-based firm is in the midst of raising Industry Ventures Partnership Holdings IV. It also recently hired an associate and is looking for a vice-president to focus on secondaries.
Sabina Sammartino, who was previously at Paul Capital, will head the firm’s growing global secondaries advisory team.
Montana Capital was able to raise €400m in only 10 weeks as LPs are drawn to shorter-life funds.
The associate will focus on secondaries and will work within 50 South Capital, which was formed earlier this year from Northern Trust Alternatives Group.
The new company combines Blackstone’s financial strategic advisory services, restructuring and reorganisation advisory services and Park Hill Group businesses with Paul Taubman's PJT Capital.
The $1.4bn pension fund will likely make a commitment in the fourth quarter or in the first quarter of 2016 at the latest.