Black Americans have accomplished much in private equity despite their relatively small numbers. In recent weeks they have ratcheted up the pace of achievements.
Former investment bankers Evan Lyons (pictured) and Jershon Jones unveiled new investment firms; Daphne Dufresne of Awani Capital landed a state pension fund as a backer for a debut fund well on its way to a $500 million target; and 5th Century Partners, co-founded by Bruce Hampton and Marques Torbert, closed its second healthcare and business services-focused fund above target at $276 million with an assist from placement agency Monument Group.
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The following Big Move! items appeared in the May 8 edition of Private Equity Career News
The California Public Employees’ Retirement System, steward of a $619 billion pension, including one of the world’s largest PE portfolios, is on the lookout for an associate investment manager to support its emerging manager program.
Healthcare rainmaker Gregg Osenkowski, who spent nearly 19 years at lower-middle-market buyout firm Sverica Capital Management, has started his own Boston-based private equity firm.
The New York State Comptroller’s Office, which manages the $297.8 billion New York State Common Retirement Fund, is recruiting for a senior investment officer and an investment officer to join its private equity team.