James Sunday has been named partner at the Simsbury, Connecticut-based group, while Ira Shaw has been promoted to vice president.
Munich-based senior principal Christoph Wedegaertner joined the direct secondaries specialist in 2005. The firm closed is sixth fund on €137m in January.
The $34.6bn pension has been ‘overhauling’ its private equity programme to expand its capabilities around co-investing, secondaries and international investments.
The secondaries firm has hired two deal sourcing agents in Mumbai as it looks to expand its presence in emerging markets.
The state’s $70bn pension is considering selling a big chunk of its private equity portfolio to pare down relationships and potentially 'kick-start' the programme that has been mostly inactive for two years.
The $14.5bn state endowment wants to pare down its private equity portfolio, which contains 150 funds from 80 GPs, to a size that its small staff can better manage. No word yet on the potential size of the sale.
The $226bn pension is selling a chunk of its private equity portfolio that includes a large amount of mega-fund holdings.
Direct secondaries specialist Cipio Partners garnered €137m in capital for its first blind-pool — short of its original target.
The commitment is a re-up for Ohio, which committed $40m to the Jeremy Coller-led firm's fifth fund in 2006.
The partnership will make direct secondary investments in French private equity, with a focus on venture capital, leveraged buyouts and growth capital.
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