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Texas Municipal Retirement System Appoints Philip Hunter O’brien As Managing Director and Head of Private Equity, and Amol Deshpande As Managing Director and Head of Direct Investments

Aug 26, 202411 months ago

Position

Head of Direct Investments

Company

Texas Municipal Retirement System

Amol Deshpande
Texas

Description

The Texas Municipal Retirement System (TMRS) has appointed Philip Hunter O’Brien as managing director and head of private equity, and Amol Deshpande as managing director and head of direct investments. Isidora Stankovic will also join TMRS as director of private equity. CIO Yup Kim expressed excitement about partnering with Philip, Amol, and Isidora to strengthen global partner relationships, amplify direct investment capabilities, and take the private markets program to new heights.

Company Information

Company

Texas Municipal Retirement System

Location

Texas, United States

About

The Texas Municipal Retirement System (TMRS) manages investments for more than 210,000 beneficiaries and had $40.486 billion in assets as of March 31. It allocates $4.6 billion to private equity, which is approximately 11.5% of the fund.

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