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OTPP's Rosemarie McClean to become head of UN pension fund

Ontario Teachers' Pension Plan (OTPP) said Rosemarie McClean, COO, enterprise operations, and senior vice president, will depart the organization at the end of this year. McClean, who joined Ontario Teachers' in 1986 and assumed her current role in 2014, will become CEO of the United Nations Joint Staff Pension Fund (UNJSPF) in January 2020. Based in New York, UNJSPF provides benefits to more than 205,000 staff of the United Nations and 23 other member organizations. As of June 30, it oversaw assets valued at US$67.4 billion.

Private Equity Jobs of the Week: PNC, Invesco and Morgan Stanley are hiring

This week’s jobs include directors at PNC and Invesco and an investment officer at New York State Teachers Retirement System.

Sidley Austin adds partner to M&A and private equity group

Sidley Austin LLP has named Derek Zaba as a partner in the firm's global M&A and private equity group. Zaba will also serve as co-leader of the shareholder activism practice. Previously, he worked at PJT Camberview Partners.

Fengate hires Jaime McKenna as MD, group head, real estate

Fengate Asset Management has hired Jaime McKenna as managing director and group head, real estate. McKenna joins from Canadian real estate company Minto Group, where she has worked since 2008. McKenna most recently held the roles of chief investment officer of Minto Apartment REIT, and senior vice president, investments, of Minto Capital. Based in Toronto, Fengate is alternative investment manager focused on infrastructure, private equity and real estate strategies.

David Koch, billionaire industrialist, dies at 79

David Koch, the billionaire industrialist who was part of Koch Industries, passed away at the age of 79, according to an Aug. 23 post on the Koch Industries website. The post did not detail a cause of death but said Koch had spent years fighting various illnesses.

Takahashi, second in command at Yale endowment, to step down: Bloomberg

Dean Takahashi, second in command at Yale’s $29.4 billion endowment, is stepping down, Bloomberg reported. Takahashi won’t be replaced for now after serving for more than 30 years in the role, the story said.

Clearlake-backed Janus recruits Jackson as new CEO

Janus International Group, a maker of turnkey solutions and technologies for the self-storage, commercial and industrial markets, has named Ramey Jackson as CEO. His appointment becomes effective September 2, 2019. Janus is backed by Clearlake Capital Group LP.

VC-backed SecurityScorecard adds new VP to team

New York City-based SecurityScorecard, a provider of security ratings, has appointed Michael Sweeney as vice president of worldwide alliances and channels. In his new role, Sweeney will lead the company's global security ratings channel program. Prior to joining the company, he worked at Palo Alto Networks. SecurityScorecard's backers included Riverwood Ventures, Sequoia Capital, GV, NGP Capital, Evolution Equity Partners, Boldstart Ventures and AXA Venture Partners.

Asymmetry expands investment team with new addition

Asymmetry Capital Management LP has added Dr. Alex Virgilio to its investment team as an analyst and partner covering global biotech and therapeutics. Previously, he was a partner at Partner Fund Management LP.

VC-backed medical tech startup Ebb Therapeutics appoints president/CEO

Pittsburgh-based Ebb Therapeutics, a medical tech startup, has named Eduard Röösli as president and CEO. His appointment is effective immediately. Previously, he was managing director for Image Skincare. Ebb Therapeutics is backed by KKR, Arboretum Ventures, Versant Ventures and Partner Ventures.