People

The London and Munich-based sector specialist has made four new appointments.

Nuveen Investments, the operating division of TIAA Global Asset Management, has hired Bill Stout to fill a newly created role of head of alternative investments business development.

The firm’s co-founder Ming-Po Cai tells PEI about its plans to strengthen its China office.

Philadelphia-based private equity firm Lovell Minnick has hired Steven Pierson from UBS as president to further the firm’s investments in financial services and fintech.

The private investments head of the Howard Hughes Medical Institute’s $18.2bn endowment will step down in June.

Blue Wolf Capital Partners’ third fund has partnered with K2 and its founder Kevin Kuykendall to invest in energy services at a time of attractive valuations in the space.

The former SEC enforcement officer is joining the Blackstone Group as global head of compliance.

Bryan Lewis, currently executive director of the Illinois State Universities Retirement System, will succeed Thomas Brier at PA SERS.

Former Baloise Group CEO Martin Strobel joins the global buyout house as an operating partner.

The mid-market investment bank Sixpoint Partners has promoted Matthew Thornton in Chicago and Bobby Farina in San Francisco to partners, effective immediately.