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Tim Recker has been running the $9bn private markets portfolio for the University of California Regents.

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.

As the drama over the London-listed private equity vehicle unfolds, PEI sizes up the dramatis personae.

Jeffry Brown, who joined the Neuberger Berman subsidiary as a founding partner in 2011, now sits on three boards amid semi retirement.

The appointment of Australia’s Foreign Investment Review Board chairman by buyout firm Carlyle had raised concerns about conflicts of interest.

After appointing its first London head in September, the firm has added a corporate veteran to its bench.

Scott Jacobsen has left the US’s largest public pension fund after six years in its private investments team, PEI's sister title Secondaries Investor has learned.

The promotion of former Blackstone dealmaker Matthew Tooth brings the number of managing partners to 11.

Dushy Sivanithy, who spent 10 years at fund of funds Pantheon, joins the placement agent and advisor from UK development finance institution CDC Group.

The law firm continues its hiring spree, after appointing two new partners in its London office last month.