Meghan Morris
After 10 years at Washington University of St. Louis, Kimberly Walker is leaving the $7.7bn endowment, which has $1.4bn in private equity.
The pension system, which managed $25.8bn in real estate as of December 31, disclosed its carried interest and expense for the first time this week.
Bruce Zimmerman announced his resignation Monday with no immediate successor to the top role at the $35.9bn endowment, which has a 32% allocation to private investments.
The subsidiary of Neuberger Berman made a permanent capital investment in the Greenwich, Connecticut-based private equity real estate firm.
The country’s largest pension system established a transition manager program for firms in between its emerging manager platform and its pool of larger established managers.
Norwegians protested the world’s biggest sovereign wealth fund, criticising its investments in companies that use tax havens.
The New York-based alternative asset manager is more than halfway through its target for the vehicle.
The central bank made its first foray to real estate and private equity last year as part of an effort to diversify its pension plan.