Anastasia Donde

Gary Dokes, the chief investment officer of the Arizona State Retirement System, is leaving to assume the same post at the Arizona Community Foundation.  

Doug Ostrover, one of the founders of GSO Capital Partners, and Marc Lipschultz, KKR’s head of energy and infrastructure, are launching Owl Rock Capital to invest in private loans. The duo are raising a private fund and setting up a BDC.  

Bob Long has joined the lower mid-market lender as its first president. He was previously the president and chief executive of Oak Hill Advisors’ externally managed BDC.  

The Chicago Transit Authority pension plan is seeking firms to handle mezzanine debt, bank loan and infrastructure mandates.  

Jim Hunt, the newly minted head of credit at Kayne Anderson, is interested in hearing from European credit teams that are looking for a new home, as well as partnering with banks on deals.  

The CPPIB-owned lender has appointed Melina Higgins as an independent board chairwoman and selected Mark Furlong and Diane Nordin as independent directors. The rest of the eight-member board is made up of CPPIB and Antares executives.  

Blackstone’s BREDS vehicle recently reached a first close of $1.3bn and has been collecting money from large institutional investors in the US.

The Chicago lender has already passed its $600m target and expects to close at or above the $750m hard-cap this quarter.